Corn futures trade 1-2 cents higher at midday, supported by resilient export demand from key international markets despite a slight weekly dip in shipment volumes.
Corn futures are trading with 1 to 2 cent gains at midday, supported by strong export demand despite a slight weekly decline in shipments.
Corn futures posted modest gains of 1 to 2 cents during midday trading as the market absorbed the latest export inspection data. Despite an 8.9% weekly decline in shipments, strong demand from Mexico and South Korea continues to provide a floor for prices as September contracts expire.
Corn prices are seeing modest support from steady export demand, particularly from Mexico, South Korea, and Japan, which helps offset a slight weekly decline in total shipment volumes.