Corn Holding Gains at Midday

Group 1 - Corn futures are trading 1 to 2 cents higher at midday, with the CmdtyView national average Cash Corn price up 2 1/4 cents at $3.98 1/4 [1] - USDA's Crop Progress report indicates that 91% of the corn crop has been harvested as of November 16, which is behind the 94% average harvest pace over the last 5 years [1] Group 2 - A South Korean importer has purchased a total of 65,000 MT of corn in a recent tender, likely of US origin [2] - December 25 Corn is priced at $4.36 3/4, up 2 cents, while March 26 Corn is at $4.49 1/2, up 1 1/2 cents, and May 26 Corn is at $4.56 3/4, up 1 1/4 cents [2]