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Market Impact: 0.22

Corn Posts Gains on Tuesday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsEconomic Data

Corn futures finished Tuesday up 4 to 5 cents, supported by a limit-up rally in wheat. CmdtyView’s national average cash corn price rose 5 cents to $4.39. The May WASDE also showed a 15 mbu increase to corn-related supply/demand estimates, reinforcing a slightly constructive tone for grain markets.

Analysis

Corn futures finished Tuesday up 4 to 5 cents, supported by a limit-up rally in wheat. CmdtyView’s national average cash corn price rose 5 cents to $4.39. The May WASDE also showed a 15 mbu increase to corn-related supply/demand estimates, reinforcing a slightly constructive tone for grain markets.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15