Chicago Board of Trade corn futures posted modest gains on Thursday, buoyed by bargain-buying activity ahead of a US holiday weekend.

The rally was further supported by a broader risk-on tone in financial markets, with US equity futures pointing to a green open driven by positive corporate earnings and stabilizing energy prices.

24% earlier in the week on a rally in soyoil prices and renewed purchasing interest from China.

Wheat prices also advanced, finding support from smaller-than-expected acreage estimates for the United States and Canada.

These supply-side constraints provided a floor for grain prices, offsetting some of the seasonal pressure typically seen in the market.

The move in grains comes as Chicago soybean futures have also seen recent strength, rising 0.24% earlier in the week on a rally in soyoil prices and renewed purchasing interest from China.

This broader strength across the complex suggests sustained demand from key importers is helping to stabilize the sector.