Corn Slipping on Friday

Group 1 - Corn futures are experiencing losses of 2 to 4 cents as trading begins in 2026, indicating some market weakness [1] - The national average Cash Corn price has increased by 2 ¼ cents to $3.98 1/4 [1] - A private export sale of 132,000 MT of corn to South Korea was reported by USDA, with expectations for corn bookings between 0.7-1.5 MMT for the week of 12/25 [1] Group 2 - USDA announced payment details for the Farm Bridge Assistance program, with corn payments set at $44.36 per acre [2] - Managed money has shifted back to a net long position by 55,431 contracts, resulting in a net long of 2,759 contracts, primarily due to short covering [2] - Current prices for various corn futures are as follows: Mar 26 Corn at $4.37 1/2 (down 2 3/4 cents), Nearby Cash at $3.98 1/4 (up 2 1/4 cents), May 26 Corn at $4.45 (down 3 1/4 cents), and Jul 26 Corn at $4.51 1/4 (down 3 1/4 cents) [2]