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Market Impact: 0.22

Corn Seeing a Modest Recovery on Monday

Commodities & Raw MaterialsCommodity FuturesTrade Policy & Supply ChainTransportation & Logistics

Corn futures were up 1 to 2 cents at midday Monday, while the CmdtyView national average cash corn price rose 2 cents to $3.85 1/2. USDA also reported a private export sale of 103,000 metric tons to Japan, including 40,000 metric tons from old-crop supplies, providing a modest supportive demand signal.

Analysis

Corn futures were up 1 to 2 cents at midday Monday, while the CmdtyView national average cash corn price rose 2 cents to $3.85 1/2. USDA also reported a private export sale of 103,000 metric tons to Japan, including 40,000 metric tons from old-crop supplies, providing a modest supportive demand signal.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.18