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Austin Schroeder at Barchart.com said, “Corn price action is 4 to 5 cents higher so far on Thursday AM trade. Futures closed out the Wednesday session with contracts 7 to 9 cents higher and some deferred contracts 2 to 4 ¾ cents in the green. Open interest rose 18,163 contracts on Wednesday, mainly in July and December.”
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“Traders may now turn their focus to fund positioning following the report. In the latest Commitment of Traders data, managed money increased …
“Prices were steady to $.02 lower while spreads weakened. May-26 has MA support near $4.48. Corn used for ethanol production in Feb-26 at 425 …
“USDA announced weekly corn export sales on Thursday morning,” Total Farm Marketing said. “For the week ending March 19, USDA reported new cor…
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