Corn futures extended their selloff, falling another 5 to 8 1/4 cents at the close after being down 1 to 2 cents earlier in Friday trading. The move followed a week of losses and was accompanied by liquidation, with preliminary open interest up 7,393 contracts, signaling heavy position unwinding and weak sentiment in the corn market.
Corn futures extended their selloff, falling another 5 to 8 1/4 cents at the close after being down 1 to 2 cents earlier in Friday trading. The move followed a week of losses and was accompanied by liquidation, with preliminary open interest up 7,393 contracts, signaling heavy position unwinding and weak sentiment in the corn market.
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Request DemoOverall Sentiment
strongly negative
Sentiment Score
-0.55