Midday Gains For Corn Futures

Monday, 26 February 2024, 19:12

The corn futures market is showing signs of strength with a midday increase of 3 to 4 ½ cents. Despite net new selling, the market has crossed the $4 mark, indicating bullish momentum. Recent reports of Polish protestors damaging rail cars loaded with Ukrainian grain have added a layer of volatility to the market.
https://store.livarava.com/937ef6d8-d4f4-11ee-b892-5254a2021b2b.jpe
Midday Gains For Corn Futures

Midday Gains For Corn Futures

The lead month corn market is back above the $4 mark as futures are up 3 to 4 ½ cents so far through midday. Preliminary open interest showed net new selling, down 12,518 contracts for on Friday.

Polish protestors reportedly vandalized rail cars loaded with Ukrainian grain, reportedly destroying 160...


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe