Corn futures are down 7 to 9 cents at Friday midday, pressured by a $2.08/bbl drop in crude oil and pre-weekend money flowing out of the market. The move also reflects caution ahead of the President reviewing a proposed US-Iran agreement, which is adding a risk-off tone. The article is primarily a price/flows update rather than a new fundamental catalyst.
Corn futures are down 7 to 9 cents at Friday midday, pressured by a $2.08/bbl drop in crude oil and pre-weekend money flowing out of the market. The move also reflects caution ahead of the President reviewing a proposed US-Iran agreement, which is adding a risk-off tone. The article is primarily a price/flows update rather than a new fundamental catalyst.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.28
