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Corn Slipping Lower on Tuesday Morning, as Crop Ratings Improve

TUEMQ
Commodities & Raw MaterialsFutures & OptionsMarket Technicals & Flows

Corn futures are down about 5–6 cents in Tuesday morning trade after slipping into Monday’s close. Open interest fell by 7,417 contracts on Monday, suggesting reduced positioning, while most contracts had been modestly higher into the close (about 1½ to 2¾ cents), with July down ¼ cent.

Analysis

Corn futures are down about 5–6 cents in Tuesday morning trade after slipping into Monday’s close. Open interest fell by 7,417 contracts on Monday, suggesting reduced positioning, while most contracts had been modestly higher into the close (about 1½ to 2¾ cents), with July down ¼ cent.

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