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Corn Shrugging Off Early Tuesday Weakness for Midday Gains

Commodities & Raw MaterialsFutures & OptionsEconomic Data

Corn futures are up fractionally to 2 cents on Tuesday after early weakness, with nearby strength coinciding with cash prices edging higher to $4.09 3/4 (up 1 cent). An additional 9 deliveries were issued against July corn overnight. The weekly Crop Progress report is also cited, though no specific figures are included in the excerpt.

Analysis

Corn futures are up fractionally to 2 cents on Tuesday after early weakness, with nearby strength coinciding with cash prices edging higher to $4.09 3/4 (up 1 cent). An additional 9 deliveries were issued against July corn overnight. The weekly Crop Progress report is also cited, though no specific figures are included in the excerpt.

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