Corn Showing Steady Trade on Tuesday AM

Corn price action is steady to 1 ¼ cents higher on Tuesday. Futures gave back some of last week’s late strength on Monday, with contracts down 2 to 3 cents in the nearbys. Preliminary open interest was down 8,707 contracts on Monday, mostly in the front two contracts. There were another 76 deliveries issued against December futures overnight. The CmdtyView national average Cash Corn price was back down today at $3.99. The Monday morning Export Inspections report showed a total of 1.421 MMT (55.95 mbu) of ...