CBOT corn rises on growing demand

CHICAGO, Aug 30 (Reuters) - Chicago Board of Trade corn futures rose on Friday as demand showed signs of ticking up, and weekly export sales were stronger than expected, said analysts.

• Most-active December CZ24 corn settled up 5 cents to $4.01 per bushel.

• For the week, most-active corn Cv1 increased 10 cents or 2.6%, its first advance in 5 weeks.

• In Argentina, 2024/25 corn planting is estimated to drop 17.1% year-on-year, the Buenos Aires Grain Exchange said on Thursday.

• Deliveries against CBOT September corn futures were 12 contracts, compared with estimates for zero to 500 contracts.

• The U.S. Department of Agriculture on Thursday reported weekly export sales of U.S. 2024/25 corn in the week ended Aug. 22 at 1,494,100 metric tons, above a range of trade expectations for 700,000 to 1,400,000 tons. EXP/CORN

• Markets will be closed for the Labor Day federal holiday on Sept. 2.

(Reporting by Renee Hickman; editing by Jonathan Oatis)

((renee.hickman@thomsonreuters.com))