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Market Impact: 0.15

Corn Closes Mixed with New Crop Strength

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsEconomic Data

Corn futures finished Tuesday mixed, with front-month contracts down 1/4 to 1 3/4 cents while new-crop contracts rose 3/4 to 2 3/4 cents. The CmdtyView national average cash corn price fell 1 1/2 cents to $3.83 3/4. The move appears routine and tied to crop progress updates rather than any major market shock.

Analysis

Corn futures finished Tuesday mixed, with front-month contracts down 1/4 to 1 3/4 cents while new-crop contracts rose 3/4 to 2 3/4 cents. The CmdtyView national average cash corn price fell 1 1/2 cents to $3.83 3/4. The move appears routine and tied to crop progress updates rather than any major market shock.

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