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Market Impact: 0.2

Corn Extending Weakness to Thursday AM Trade

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & Positioning

Corn futures are down 2 to 4.5 cents Thursday morning after Wednesday losses of 10.5 to 12.75 cents in most contracts, with deferred months down 4 to 7 cents. Open interest suggested some longs were taking money off the table, pointing to a bearish flow-driven tone rather than a major fundamental shift.

Analysis

Corn futures are down 2 to 4.5 cents Thursday morning after Wednesday losses of 10.5 to 12.75 cents in most contracts, with deferred months down 4 to 7 cents. Open interest suggested some longs were taking money off the table, pointing to a bearish flow-driven tone rather than a major fundamental shift.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25