Chicago agricultural commodity futures traded mixed Friday, with corn price down while the prices for wheat and soybeans went up on positive export sales data.

The most active corn contract for March delivery fell 3.5 cents, or 0.48 percent, to close at 7.2075 dollars per bushel. March wheat rose 8 cents, or 1.04 percent, to settle at 7.765 dollars per bushel. March soybeans edged up 5.75 cents, or 0.4 percent, to close at 14.41 dollars per bushel.

According to Chicago Mercantile Exchange (CME), March corn traded lower into the closing bell after reporting worse than expected export sales data Friday morning. As of January 17th, net weekly export sales for corn, came in at 138,500 tonnes for the current marketing year and 51,300 for the next marketing year, for a total of 189,800 tonnes.

Chicago wheat traded higher on the day after reporting positive export sales data. Net weekly export sales for all wheat, came in at 572,500 tonnes for the current marketing year and 75,000 for the next marketing year, for a total of 647,500 tonnes, more than market expectation.

March soybeans traded higher into the close. Strong export sales were reported and the robust sales pace continues to add underlying support to the market while the bear argument favors a strong production outlook in South America.

Net weekly export sales for soybeans came in at 383,300 tonnes for the current marketing year and 595,000 for the next marketing year, for a total of 978,300 tonnes. The overall sales total is supportive to the complex, but the old crop sales were sharply lower from last week. Endi

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