Corn Futures Experience Losses Following Bullish USDA Reports

Monday, 15 July 2024, 12:33

Corn prices are down by 6 to 7 cents on Monday morning after the bullish USDA reports on Friday. Despite the positive reports, futures showed hesitation and closed with steady to slightly higher gains. The forecast of rains is affecting market sentiment.
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Corn Futures Experience Losses Following Bullish USDA Reports

Corn Prices Decline

Corn prices are currently experiencing a decline by 6 to 7 cents on Monday, following the bullish USDA reports from Friday. Despite the positive outlook, futures remained hesitant and closed with modest gains. The market is also reacting to the forecast of upcoming rains impacting the corn market.


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.


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