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Market Impact: 0.15

Corn Slipping Back on Tuesday, as Crop Ratings Improve

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

Corn futures were down 1 to 1 1/2 cents in Tuesday morning trade after Monday’s session closed higher by 3/4 to 3 3/4 cents across the board. The market also shrugged off early losses and new contract lows, while preliminary open interest rose by 20,149 contracts, signaling active positioning. The update is routine price action and positioning data with limited immediate market impact.

Analysis

Corn futures were down 1 to 1 1/2 cents in Tuesday morning trade after Monday’s session closed higher by 3/4 to 3 3/4 cents across the board. The market also shrugged off early losses and new contract lows, while preliminary open interest rose by 20,149 contracts, signaling active positioning. The update is routine price action and positioning data with limited immediate market impact.

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