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Barchart
Barchart
Austin Schroeder

Corn Falls Back Lower on Tuesday

CmdtyView

Corn futures rounded out Tuesday trade with the front months down as much as 2 cents, as contracts pulled back from some technical pressure. The CmdtyView national average Cash Corn price was at $3.77 at today’s close. The average close for December futures so far this month has been $4.20. The whole month average price is used to determine the harvest price for crop insurance. 

EIA data will be released on Wednesday morning, with some traders looking to see if ethanol production rebounds from the drop last week. 

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