Corn Rally Pushes Higher on Friday
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Corn futures are experiencing gains of 4 to 7 cents, with the CmdtyView national average Cash Corn price rising to $4.16. Export commitments are at 64.982 MMT, 78% of the USDA projection. Actual exports stand at 40.024 MMT, ahead of the average shipping pace. Brazil's February corn exports increased by 9.34% year-on-year, while Argentina's early corn crop is 7.2% harvested, estimated at 57 MMT. Crude oil futures also support the market, up $10.10 at midday.
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