Corn futures at the Chicago Board of Trade were firm early on Thursday with the market buoyed by a big number for corn in USDA's export sales report, traders said. At 10:25 am CST (1625 GMT), CBOT corn was up 1-1/4 cents per bushel to down 1/2, with December up 1-1/4 at $3.88-1/2 per bushel. March was up 1-1/4 at $4.05-3/4 per bushel.
Traders said the aggressive demand for corn from the livestock feeding, ethanol and export sectors would continue to give the corn market buoyancy. Traders view an RSI of 30 or less as one indicator of an oversold market and 70 or more as an indication of an overbought market. Oat futures were down 1 to up 1 cent, with December down 3/4 cent at $2.68-3/4 per bushel.