Corn Starting Tuesday Trade with Steady Action

Corn price action us showing steady trade on Tuesday, with contracts within ½ cent of unchanged. Futures posted 7 to 8 cent losses on Monday, after seeing strength around last week holiday on thin trade. Preliminary open interest suggested new selling interest, up 11,894 contracts on the price drop. The CmdtyView national average Cash Corn price was down 6 ¾ cents at $3.99 ¾. Export Inspections data showed corn shipments at 1.301 MMT (51.2 mbu) shipped in the week that ended on Christmas day. That was a ...