Corn Easing Back Lower on Friday AM Trade

Group 1 - Corn prices are experiencing fractional losses early on Friday, with futures showing mixed trading results, closing up between ¼ to 1 ½ cents [1] - The CmdtyView national average Cash Corn price increased by 1 ½ cents, reaching $3.82 3/4 [1] - Preliminary open interest rose by 12,249 contracts on Thursday, indicating new buying interest in the corn market [1] Group 2 - Export Sales data revealed that 1.923 million metric tons (MMT) of corn were sold for the 2025/26 season in the week ending September 18, marking a 56.2% increase from the previous week and more than tripling the sales from the same week last year [2] - Mexico was the largest buyer, purchasing 891,100 MT, followed by 290,700 MT sold to an unknown destination and 190,900 MT to Colombia [2] Group 3 - Argentina lifted its suspension of export taxes after reaching a $7 billion export target within the first few days [3] - December 25 Corn futures closed at $4.25 3/4, up 1 ½ cents, while nearby cash prices were at $3.82 3/4, also up 1 ½ cents [3] - March 26 Corn futures closed at $4.42 1/4, up 1 ¼ cents, and May 26 Corn futures closed at $4.51 1/4, up 1 cent [3]