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Corn Weakness Holding on Thursday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & FlowsInvestor Sentiment & Positioning

Corn futures are down 2 to 3 cents in the front months on Thursday after bouncing off early lows, with 113 deliveries issued against May corn futures overnight. The CmdtyView national average cash corn price is also lower by 2 1/4 cents at $4.24. The article points to routine pressure in corn prices and nearby futures flow rather than a major fundamental shift.

Analysis

Corn futures are down 2 to 3 cents in the front months on Thursday after bouncing off early lows, with 113 deliveries issued against May corn futures overnight. The CmdtyView national average cash corn price is also lower by 2 1/4 cents at $4.24. The article points to routine pressure in corn prices and nearby futures flow rather than a major fundamental shift.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15