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Austin Schroeder at Barchart.com said, “Corn prices are showing slight weakness on Monday morning, steady to a penny lower. Futures closed out the Friday session with contracts 2 ¾ to 5 cents lower, selling the fact on the lower yield number. Open interest was up 20,115 contracts on Friday, mainly in the March – July contracts. December was down 6 ½ cents on the week. There were 35 deliveries issued on Friday against September futures, which expire today.” The Hightower Report said, “The sharp rally in crude lately has not given corn much support due to looming harvest pressure. The U.S. dollar is higher this morning and further short-term weakness cannot be ruled out even though the long-term trend is higher and we see a good chance for a demand-led advance post-harvest.”





