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Corn Rallying to Near the Spring Highs as Weaker Tour Yields Continue

Commodities & Raw MaterialsFutures & OptionsMarket Technicals & Flows

Corn futures are off to an early rally, with contracts up 5–6 cents on Thursday. The move follows a stronger Wednesday close, when most front months gained 8–10 cents and deferreds rose to around 5 1/4 cents. Open interest saw an exit in September (-18,244).

Analysis

Corn futures are off to an early rally, with contracts up 5–6 cents on Thursday. The move follows a stronger Wednesday close, when most front months gained 8–10 cents and deferreds rose to around 5 1/4 cents. Open interest saw an exit in September (-18,244).

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