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Corn Fading Off Overnight Highs to Kick Off September

Source: Nasdaq

Commodities & Raw MaterialsFutures & OptionsMarket Technicals & Flows

Corn futures were modestly weaker early Tuesday, down 2 to 3 cents with December 9 cents off the overnight high. August settled higher by 1 to 3.5 cents on the session, while open interest rose by 15,541 contracts on Monday and an additional 187 deliveries were recorded, suggesting routine positioning/flow rather than a major fundamental shift.

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