Corn futures closed the Friday session with contracts 1 to 2 cents higher, as July was up 7 ½ cents this week. December firmed up 5 ½ cents. The CmdtyView national average Cash Corn price was up a penny to $4.23 1/2. The CBoT will be closed on Monday for Memorial Day, with the Tuesday session showing a normal open.

A couple private export sale announcements were reported this morning, with 493,700 MT to Mexico (225,000 MT for 25/26 and 268,700 MT for 26/27) and 110,000 MT to unknown (50,000 for 25/26 and 60,000 MT for 26/27).

The weekly CFTC update from Friday showed managed money trimming back their net long by 6,129 contracts in the week ending on 5/19. That took their net long position in corn futures and options to 293,354 contracts.

USDA’s Export Sales data showed 79.873 MMT of corn sold for export for the 2025/26 marketing year (shipped or unshipped), which is 26% above the same period last year. That is 95% of the USDA export number and near the 96% average pace.

A couple South Korean importers purchased corn in tenders overnight, buying 203,000 MT of optional origin corn.

Jul 26 Corn  closed at $4.63 1/4, up 1 cent,

Nearby Cash  was $4.23 1/2, up 1 cents,

Sep 26 Corn  closed at $4.69 3/4, up 1 1/4 cents,

Dec 26 Corn  closed at $4.86 1/2, up 1 1/2 cents,

New Crop Cash  was $4.39 3/8, up 1 1/4 cents,