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Market Impact: 0.25

Corn Rallying on Tuesday

Source: Nasdaq

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsEconomic Data

Corn futures are trading about 7-8 cents higher at midday, supported by cash strength as the CmdtyView national average Cash Corn price rose 5 3/4 cents to $4.97 1/4. Another 187 deliveries were issued overnight for September corn, indicating ongoing nearby demand. This week’s Crop Progress report showed 62% of the US corn crop in its stated condition, adding context to supply expectations.

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