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Corn futures held onto the Friday gains into the close, with contracts settling 1 to 4 cents higher. September rallied 28 ¼ cents on the week, with December 28 cents. The national average cash corn price was back up 2 1/4 cents at $4.84 1/4. Friday’s CFTC data showed managed money in corn futures and options adding a total of 126,008 contracts to their net long as of Aug.25. That net long was tallied at 376,513 contracts, which was the largest since April 2022, but still over 52,000 contracts shy of the Tuesday record going back to 2006. Specs held a total of 465,500 contracts of outright longs by Tuesday, the largest on record, according to Austin Schroeder with Barchart.





