Corn Showing Fractionally Mixed Trade on Thursday Morning

Corn futures are trading nearly unchanged across nearby contracts, with front-month losses of 1 to 2.75 cents and deferred months steady to 0.75 cent higher. Open interest fell by 11,175 contracts on Wednesday, largely in the July contract, pointing to position adjustment rather than a major fundamental shift.

Analysis

Corn futures are trading nearly unchanged across nearby contracts, with front-month losses of 1 to 2.75 cents and deferred months steady to 0.75 cent higher. Open interest fell by 11,175 contracts on Wednesday, largely in the July contract, pointing to position adjustment rather than a major fundamental shift.