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Market Impact: 0.22

Corn Fades Lower into Thursday’s Close

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsTrade Policy & Supply ChainEconomic Data

Corn futures fell 1 3/4 to 4 1/4 cents across the board on Thursday, with the national average cash corn price down 3 1/4 cents to $4.22 1/2. USDA export sales showed 2.125 MMT in old crop corn, a data point that provides some support but did not offset late-session pressure. The move is mildly negative for corn prices but appears routine rather than market-changing.

Analysis

Corn futures fell 1 3/4 to 4 1/4 cents across the board on Thursday, with the national average cash corn price down 3 1/4 cents to $4.22 1/2. USDA export sales showed 2.125 MMT in old crop corn, a data point that provides some support but did not offset late-session pressure. The move is mildly negative for corn prices but appears routine rather than market-changing.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25