# Crops Analysis | December 27, 2024 - Pro Farmer

> March corn futures settled a tick higher at $4.54, a 7 3/4 cent weekly gain, with prices hitting a fresh for-the-move high. Corn sales for the week ended Dec. 19 totaled 1.711 MMT for 2024-25, up 46% week over week and above expectations, led by Mexico and Colombia.

- Date: 2024-12-27 · published 2024-12-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/13525-crops-analysis-december-27-2024-pro-farmer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong export sales and inspections support corn's balance sheet and push prices higher, though profit-taking is possible near the upper end of the trend. The upcoming USDA stocks and production reports could shift the price outlook.

## Read by commodity

- CORN: bullish ▲

## Sources

- profarmer.com: https://www.profarmer.com/pro-farmer-max/crops-analysis/crops-analysis-december-27-2024

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
