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Market Impact: 0.25

Corn Trading with Thursday Losses

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & FlowsEconomic Data

Corn futures are down 2 to 4 1/4 cents on Thursday, while the CmdtyView national average cash price is 3 3/4 cents lower at $4.001/4. Overnight, 88 deliveries were issued against July futures. USDA’s Export Sales report released this morning totaled 565,810 (partial figure shown), adding to the near-term supply/demand read-through as prices trade lower.

Analysis

Corn futures are down 2 to 4 1/4 cents on Thursday, while the CmdtyView national average cash price is 3 3/4 cents lower at $4.001/4. Overnight, 88 deliveries were issued against July futures. USDA’s Export Sales report released this morning totaled 565,810 (partial figure shown), adding to the near-term supply/demand read-through as prices trade lower.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20