Corn futures are trading up 7–8 cents higher early Monday after gapping higher on Sunday night. The market also shrugged off Friday’s early weakness to finish near the day’s highs, up roughly 2 1/4 to 3 1/2 cents across most contracts. The move is modest and appears more driven by price action/positioning than a clearly stated new fundamental catalyst.
Corn futures are trading up 7–8 cents higher early Monday after gapping higher on Sunday night. The market also shrugged off Friday’s early weakness to finish near the day’s highs, up roughly 2 1/4 to 3 1/2 cents across most contracts. The move is modest and appears more driven by price action/positioning than a clearly stated new fundamental catalyst.
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mildly positive
Sentiment Score
0.18
