Chicago Board of Trade corn futures eased on Friday as the market ran into technical resistance near the six-month high hit in the previous session. Losses were kept in check by strong export demand. The US Department of Agriculture early on Friday said that private exporters reported the sale of 116,000 tonnes of corn to Japan for delivery during the 2017-18 marketing year.

For the week, the most-active CBOT corn futures contract rose 1.5 percent. It has posted five straight weekly gains.

Copyright Reuters, 2018