Corn Starting Wednesday on a Higher Note

Corn futures are up 3 to 3 1/2 cents in nearby contracts Wednesday morning after a mixed Tuesday close, when front months gained 1 1/2 to 2 3/4 cents and deferred contracts were fractionally lower. Open interest increased by 19,559 contracts, indicating fresh participation but no clear directional catalyst in the excerpt.

Analysis

Corn futures are up 3 to 3 1/2 cents in nearby contracts Wednesday morning after a mixed Tuesday close, when front months gained 1 1/2 to 2 3/4 cents and deferred contracts were fractionally lower. Open interest increased by 19,559 contracts, indicating fresh participation but no clear directional catalyst in the excerpt.