Corn futures are down 2 to 3 cents in Monday morning trade after continued long liquidation into the weekend pushed contracts lower by another 2 1/4 to 7 cents. July corn fell 29 1/2 cents on the week, bringing the two-week decline to 45 cents, with December also moving lower. The action reflects bearish positioning and weak price momentum rather than a fresh fundamental catalyst.
Corn futures are down 2 to 3 cents in Monday morning trade after continued long liquidation into the weekend pushed contracts lower by another 2 1/4 to 7 cents. July corn fell 29 1/2 cents on the week, bringing the two-week decline to 45 cents, with December also moving lower. The action reflects bearish positioning and weak price momentum rather than a fresh fundamental catalyst.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.20
