Corn Showing Slight Gains on Wednesday Morning

Group 1 - Corn prices increased by 1 to 2 cents across most contracts on Wednesday morning, with futures unable to maintain midday gains from Tuesday, resulting in contracts being down by up to 2 cents [1] - The CmdtyView national average Cash Corn price rose by 1 3/4 cents to $4.08 ½ [1] - Preliminary open interest decreased by 17,277 contracts on the day [1] Group 2 - Total export sales commitments for corn reached 50.538 million metric tons (MMT), which is 30% larger than the same period last year and represents 62% of the USDA's estimate for the full marketing year, exceeding the 60% average pace [2] - Brazil's trade ministry reported corn exports in December at 6.128 MMT, marking a 43.6% increase from the previous year and a 21.75% increase from November [2] - As of March 26, Corn closed at $4.44, down 1/2 cent, with nearby cash at $4.05 1/4, down 1/2 cent, and May 26 Corn closed at $4.51 1/4, down 3/4 cent [2]