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Market Impact: 0.22

Corn Closes Lower on Tuesday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsEnergy Markets & PricesEconomic Data

Corn futures fell across the board on Tuesday, with contracts down 1 1/4 to 5 3/4 cents at the close. The CmdtyView national average cash corn price also dropped 5 3/4 cents to $4.18 3/4, pressured in part by weaker crude oil prices. Export inspections data was also cited as a factor, though the article excerpt cuts off before the full figure.

Analysis

Corn futures fell across the board on Tuesday, with contracts down 1 1/4 to 5 3/4 cents at the close. The CmdtyView national average cash corn price also dropped 5 3/4 cents to $4.18 3/4, pressured in part by weaker crude oil prices. Export inspections data was also cited as a factor, though the article excerpt cuts off before the full figure.

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Market Sentiment

Overall Sentiment

mildly negative

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-0.25