Corn Holding onto Gains at Midday

Group 1 - Corn futures are experiencing fractional to penny gains, with the CmdtyView national average Cash Corn price increasing by 1.25 cents to $3.95 3/4 [1] - Export Sales data indicates 1.649 million metric tons (MMT) of corn sales for the week of January 22, which is 21.4% higher than the same week last year, despite being lower than the previous week [1] Group 2 - Census trade data reveals that 7.305 MMT (287.6 million bushels) of corn were shipped in November, marking the second-largest total for the month on record and the highest since April [2] - Distillers exports decreased to 933,557 metric tons compared to the previous year, while ethanol exports reached a record 211.33 million gallons for November, the second-largest monthly total ever recorded [2] - Current corn prices include Mar 26 Corn at $4.30 1/4 (up 0.25 cents), Nearby Cash at $3.95 3/4 (up 1.25 cents), May 26 Corn at $4.38 1/4 (up 0.25 cents), and Jul 26 Corn at $4.45 (up 1 cent) [2]