Corn futures are up 4 to 5 cents Thursday morning after Wednesday losses of 3 to 5 cents across most contracts. Open interest fell by 7,221 contracts, led by a 14,986 decline in July even as most other contracts saw rising OI. The note also cites crude oil down $4.48, indicating broader commodity pressure rather than a corn-specific catalyst.
Corn futures are up 4 to 5 cents Thursday morning after Wednesday losses of 3 to 5 cents across most contracts. Open interest fell by 7,221 contracts, led by a 14,986 decline in July even as most other contracts saw rising OI. The note also cites crude oil down $4.48, indicating broader commodity pressure rather than a corn-specific catalyst.
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neutral
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0.05
