March corn futures slipped 0

March corn futures slipped 0.3% in early Chicago trading to $4.47 per bushel, as traders reacted to USDA export sales data showing weaker demand from Asian buyers. Technical charts suggest support at $4.42 and resistance at $4.52, with momentum indicators signaling short-term consolidation. Parties to the agreement include City of Orland, Corning Sub-basin Groundwater Sustainability Agency, County of Colusa, County of Glenn, County of Tehama, Glenn-Colusa Irrigation District, Glenn Groundwater Authority, Orland Unit Water Users’ Association, Stony Creek Water District, Tehama-Colusa Canal Authority, and Tehama County Flood Control and Water Conservation District. Partners would include: U.S. Bureau of Reclamation and U.S. Army Corps of Engineers. In Australia, prices were heard stronger during the week amid a strengthening national currency. March corn futures slipped to $4.45 following a drop in CBOT open interest, indicating reduced speculative appetite. Commercial hedgers continue to lock in forward sales, dampening the potential for sharp upward moves.