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Market Impact: 0.2

Corn Bouncing Following Positive Stocks Data

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsEconomic DataMarket Technicals & Flows

Corn futures rose roughly 1 to 3.25 cents across the front months, with the CmdtyView national average cash corn up 1.5 cents to $4.1675/bu. The gains followed USDA’s March Prospective Plantings report this morning, which contained friendlier old-crop numbers and supported modest upside in prices.

Analysis

Corn futures rose roughly 1 to 3.25 cents across the front months, with the CmdtyView national average cash corn up 1.5 cents to $4.1675/bu. The gains followed USDA’s March Prospective Plantings report this morning, which contained friendlier old-crop numbers and supported modest upside in prices.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15