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Barchart
Barchart
Austin Schroeder

Corn Starting Wednesday with Continued Weakness

Corn prices are down 4 to 5 cents across the front months so far on Wednesday morning. Futures posted losses of a penny to 5 cents across the board on Tuesday, as the fund selling continues. Open interest was down 13,199 contracts in the front month December. The CmdtyView national average Cash Corn price as 4 3/4 lower cents at $4.23 3/4.

The average close for December corn in October has been $4.87, as the October is used to determine the harvest price option for crop insurance.

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