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Market Impact: 0.2

Corn Back to Rallying on Wednesday Despite Weaker Ethanol Data

Commodities & Raw MaterialsNatural Disasters & Weather

Corn futures are up 8–9 cents at midday, with the CmdtyView national average cash corn price rising 8.5 cents to $4.16 1/4. The move is supported by near-limit gains in corn and spillover strength from wheat, with the next 7 days described as remaining dry.

Analysis

Corn futures are up 8–9 cents at midday, with the CmdtyView national average cash corn price rising 8.5 cents to $4.16 1/4. The move is supported by near-limit gains in corn and spillover strength from wheat, with the next 7 days described as remaining dry.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20