Corn Posting Penny Tuesday Morning Gains

Corn prices are trading with gains of a penny across most front months to start Tuesday trade. Futures posted losses of 1 to 2 ¼ cents on Monday, fading back from the Friday gains. Preliminary open interest was down 2,400 contracts, as March was down 8,571 contracts and the rest rising. The CmdtyView national average Cash Corn price was down 2 1/4 cents at $3.91 1/4. USDA’s FGIS tallied corn export shipments at 1.51 MMT (59.45 mbu) during the week ending on January 22. That was 1.63% larger than the week ...