Corn futures extended losses into the weekend, with nearby contracts down another 2.25 to 7 cents. July corn fell 29.5 cents over the week and is down 45 cents in two weeks, pressured by long liquidation, a wetter forecast, lack of China news, and weaker world FOB offers. The tone is bearish for corn prices in the near term.
Corn futures extended losses into the weekend, with nearby contracts down another 2.25 to 7 cents. July corn fell 29.5 cents over the week and is down 45 cents in two weeks, pressured by long liquidation, a wetter forecast, lack of China news, and weaker world FOB offers. The tone is bearish for corn prices in the near term.
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moderately negative
Sentiment Score
-0.35
