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Market Impact: 0.18

Corn Starting Tuesday with Early Strength

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & FlowsInvestor Sentiment & Positioning

Corn futures are firmer by 3 to 5 cents, with Tuesday trade up another 3 to 4 cents after Monday's gains. Open interest fell by 3,444 contracts, suggesting modest short covering, led by a 9,266-contract decline in July. CmdtyView's national average cash corn price also rose 4 cents, reinforcing the slightly constructive tone.

Analysis

Corn futures are firmer by 3 to 5 cents, with Tuesday trade up another 3 to 4 cents after Monday's gains. Open interest fell by 3,444 contracts, suggesting modest short covering, led by a 9,266-contract decline in July. CmdtyView's national average cash corn price also rose 4 cents, reinforcing the slightly constructive tone.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15