CBOT corn ends firm on US export data, softer dollar

CHICAGO, Dec 11 (Reuters) - Chicago Board of Trade corn futures closed modestly higher on Thursday, supported by brisk export sales and a weaker dollar, which tends to make U.S. grains cheaper for buyers holding other currencies, traders said.

• The dollar .DXY extended declines from Wednesday when the Federal Reserve cut interest rates but gave a less hawkish outlook than expected. MKTS/GLOB

• CBOT March corn CH26 settled up 2-1/4 cents at $4.46-1/2 per bushel but stayed inside the previous day's trading range.

• The U.S. Department of Agriculture reported net export sales of corn in the week ended November 13 at 2.38 million metric tons, topping a range of trade estimates for 800,000 to 2.0 million tons.

• In addition, under daily reporting rules, the USDA confirmed private sales of 186,000 tons of U.S. corn to undisclosed destinations.

• Brazilian crop agency Conab adjusted its forecast of the country's total 2025/26 corn crop to 138.88 million metric tons, up slightly from its previous estimate of 138.84 million.

• Taiwan's MFIG purchasing group bought about 65,000 metric tons of corn expected to be sourced from the United States in an international tender, European traders said.