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Market Impact: 0.33

Corn Facing Thursday Pressure

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & FlowsRegulation & Legislation

Corn futures are down 13 to 15 cents in the front months on Thursday, with 17 deliveries issued against May futures overnight ahead of expiration today. The CmdtyView national average cash corn price fell 15 cents to $4.25, adding to near-term pressure. The article also notes a bill to approve year-round E15 sales, a policy factor relevant to corn demand.

Analysis

Corn futures are down 13 to 15 cents in the front months on Thursday, with 17 deliveries issued against May futures overnight ahead of expiration today. The CmdtyView national average cash corn price fell 15 cents to $4.25, adding to near-term pressure. The article also notes a bill to approve year-round E15 sales, a policy factor relevant to corn demand.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.35