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“Corn is trading lower this morning following Friday’s higher trade that came on the heels of a relatively bearish USDA report,” Total Farm Marketing said. “December corn is down 4-1/4 cents to $4.25-3/4 while March is down 4-1/2 cents to $4.43… Friday’s CFTC report saw funds as sellers of corn by 8,442 contracts which increased their net short position to 99,929 contracts.”
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Austin Schroeder at Barchart.com said, “Corn price action is down 3 to 4 ½ cents early on Monday, getting spillover weakness from soybeans. Fu…
“Corn futures have slipped lower as harvest-season pressure begins to outweigh the market’s recent upward momentum,” Total Farm Marketing said…
ADM Investor Services said, “While difficult to find anything supportive in today’s USDA data the soybean complex rebounded sharply (led by me…
Austin Schroeder at Barchart.com said, “Corn prices are unchanged across the front months on Thursday morning. Futures held onto Wednesday’s w…
“Export inspections at 54 mil. bu. was in line with expectations, however below the 63 mil. needed per week to reach the USDA forecast. YTD in…
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