Corn Slipping Lower on Tuesday Morning Trade

Corn price action is down 1 to 2 cents so far on Tuesday after a long weekend. Futures closed the Friday session with contracts 4 to 5 cents higher in the front months, taking back some early week losses. Preliminary open interest was up 13,069 contracts on Friday. March was still down 21 cents on the week, a 4.71% loss. The CmdtyView national average Cash Corn price is up 6 cents at $3.89 1/2. CFTC data showed managed money in corn futures and options adding 65,348 contracts to their net short position ...