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Market Impact: 0.22

Corn Slipping Back on Friday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsEconomic DataTrade Policy & Supply ChainMarket Technicals & Flows

Corn futures are fractionally to 2 cents lower, with the CmdtyView national average cash corn price down 1 1/4 cents to $4.19 3/4. Export sales data shows corn export commitments at 74.1 MMT as of April 16, up 28% from the same time last year, but the article’s immediate price tone is slightly weaker on the day.

Analysis

Corn futures are fractionally to 2 cents lower, with the CmdtyView national average cash corn price down 1 1/4 cents to $4.19 3/4. Export sales data shows corn export commitments at 74.1 MMT as of April 16, up 28% from the same time last year, but the article’s immediate price tone is slightly weaker on the day.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15