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Barchart
Barchart
Austin Schroeder

Corn Slide Continuing on Wednesday Morning

NE MO

Corn prices are down fractionally to 2 cents early on Wednesday. Futures closed the Tuesday session with contracts down 5 to 7 cents, as September fell below the $4 mark. Preliminary open interest was down 2,349 contracts on Tuesday. There were 36 deliveries against July corn futures overnight. The front month CmdtyView national average Cash Corn price was down a nickel at $3.84. 

The Central Corn Belt is expected to receive 1 to 3 inches of rain this week, with the western half of the Plains and parts of the ECB seeing lighter totals. 

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