Midday Corn Futures Prices React to Recent Reports

Friday, 8 March 2024, 18:02

Midday corn futures prices have dipped slightly by 1 cent following the release of recent reports. Despite an initial decrease of up to 6 cents, prices stabilized after the reports were issued. Notable activity includes short covering in May (-4.3k) and new buying in December (+1k), indicating market sentiment shifts.
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Midday Corn Futures Prices React to Recent Reports

Midday Corn Futures Prices Update

The midday corn futures prices are trading fractionally to 1 cent lower so far.

Futures were down by as much as 6 cents earlier in the session but firmed up after the reports’ release.

Market Activity Insights

  • Short covering in May (-4.3k)
  • Net new buying in December (+1k)

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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