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Barchart
Barchart
Austin Schroeder

Corn Slipping Back on Tuesday AM Trade

CmdtyView

Corn prices are down 1 to 2 cents early on Tuesday. Futures battled back from early Monday losses, as contracts closed with gains of 4 to 4 cents at the final bell. Preliminary open interest was up 2,543 contracts overall, with December dropping 3,604 contracts. The CmdtyView national average Cash Corn price was up 4 at $3.77. 

Late on Monday, NASS reported that 74% of the US corn crop was dented, with 25% listed a mature. Initial harvest progress was reported at 4% complete. Condition ratings were down 1%, as expected to 68% gd/ex, with the Brugler500 index down 1 point to 375.

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