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“Prices were $.03 ½ – $.04 ½ higher in choppy 2-sided trade. Spreads also firmed. Dec-25 closed back above its 100-day MA with next resistance at LW’s high of $4.31 ¼. Support is at the 50-day MA at $4.14 ½. The USDA announced the sale of 123k mt (5 mil. bu.) of corn to Mexico. Argentina’s export tax on grains prior to the suspension was 9.5%. U.S. crop ratings slipped 1% to 66% G/E. Despite declining for 7 consecutive weeks, overall ratings are still the highest since 2018. 91% of the crop is dented while 56% is mature, slightly behind the 5-year average. Harvest at 11% matches the 5-year average; however, below the YA pace of 13%,” according to Mark Soderberg with ADM Investor Services.