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Corn Bulls Hold onto Gains, as NASS Shows Tighter Stocks Number

Commodities & Raw MaterialsEnergy Markets & PricesEconomic DataConsumer Demand & Retail

Corn futures closed higher on Tuesday, up 4 to 6.5 cents, with July up 10.75 cents. The CmdtyView national average cash corn price rose 9.25 cents to $3.85 ½ per unit, though initial post-report strength faded. NASS acreage data was cited, supporting the firmer close.

Analysis

Corn futures closed higher on Tuesday, up 4 to 6.5 cents, with July up 10.75 cents. The CmdtyView national average cash corn price rose 9.25 cents to $3.85 ½ per unit, though initial post-report strength faded. NASS acreage data was cited, supporting the firmer close.

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