Corn futures extended their liquidation selloff, falling another 5 to 8 1/4 cents at the close, while the CmdtyView national average cash corn price slipped to $3.90, down 7 cents. Additional pressure came from crude oil losing $3.11. USDA also reported a private export sale, but the dominant tone remained bearish on continued fund liquidation.
Corn futures extended their liquidation selloff, falling another 5 to 8 1/4 cents at the close, while the CmdtyView national average cash corn price slipped to $3.90, down 7 cents. Additional pressure came from crude oil losing $3.11. USDA also reported a private export sale, but the dominant tone remained bearish on continued fund liquidation.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.45