March Corn futures closed higher for a second day.

March Corn futures recorded a second consecutive day of gains, bouncing off key 100-day moving average support to test the 200-day moving average resistance. Weekly export sales reached 1.792 million metric tons, landing at the high end of trade expectations and bringing marketing year-to-date sales to a 30% increase over last year. While the market has maintained a sideways range for two months, attention is shifting toward the upcoming January WASDE and Crop Production reports, alongside South American weather developments which may impact the global balance sheet.