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Corn Corrects Lower on Wednesday

Commodities & Raw MaterialsEconomic Data

Corn futures pulled back Wednesday after a rebound of nearly 40 cents from last week’s lows, closing down 3 to 8¾ cents. The CmdtyView national average Cash Corn price fell 9 cents to $4.04, with the move attributed to fresh EIA data released earlier that day.

Analysis

Corn futures pulled back Wednesday after a rebound of nearly 40 cents from last week’s lows, closing down 3 to 8¾ cents. The CmdtyView national average Cash Corn price fell 9 cents to $4.04, with the move attributed to fresh EIA data released earlier that day.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.18