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Market Impact: 0.12

Corn Posting Penny Friday Gains

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Corn futures are up about 1 cent in most front-month contracts, while the CmdtyView national average cash corn price rose 1 cent to $4.23 1/2. Trading is likely to be thin ahead of the CBoT holiday closure on Monday for Memorial Day, with normal trading resuming Tuesday. The update is routine and suggests only minor near-term price action.

Analysis

Corn futures are up about 1 cent in most front-month contracts, while the CmdtyView national average cash corn price rose 1 cent to $4.23 1/2. Trading is likely to be thin ahead of the CBoT holiday closure on Monday for Memorial Day, with normal trading resuming Tuesday. The update is routine and suggests only minor near-term price action.

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