Corn futures were down 3 to 4 cents Thursday morning after rallying 5.25 to 7.25 cents on Wednesday’s close. Preliminary open interest rose 1,613 contracts, while July open interest continued to unwind, down 30,977 contracts. The move appears technical and positioning-driven rather than a fundamental shift.
Corn futures were down 3 to 4 cents Thursday morning after rallying 5.25 to 7.25 cents on Wednesday’s close. Preliminary open interest rose 1,613 contracts, while July open interest continued to unwind, down 30,977 contracts. The move appears technical and positioning-driven rather than a fundamental shift.
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