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Market Impact: 0.15

Corn Bouncing on Turnaround Tuesday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsEnergy Markets & PricesEconomic DataMarket Technicals & Flows

Corn futures rose about 5–6 cents on Tuesday, with the CmdtyView national average cash corn price up 6 cents to $4.23 3/4. EIA ethanol production data is due Wednesday and is expected to be steady to slightly higher, a development that could modestly support corn demand and underpin the early-week bounce.

Analysis

Corn futures rose about 5–6 cents on Tuesday, with the CmdtyView national average cash corn price up 6 cents to $4.23 3/4. EIA ethanol production data is due Wednesday and is expected to be steady to slightly higher, a development that could modestly support corn demand and underpin the early-week bounce.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.12