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Market Impact: 0.2

Corn Higher at Monday’s Midday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsTransportation & Logistics

Corn futures are trading 3 to 5 cents higher across the front months, while the CmdtyView national average cash corn price rose 4 3/4 cents to $4.16 1/2. USDA FGIS also reported corn export shipments of 1.669 MMT, or 65.7 mbu, for the week ending April 16, indicating steady physical demand.

Analysis

Corn futures are trading 3 to 5 cents higher across the front months, while the CmdtyView national average cash corn price rose 4 3/4 cents to $4.16 1/2. USDA FGIS also reported corn export shipments of 1.669 MMT, or 65.7 mbu, for the week ending April 16, indicating steady physical demand.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.20