Corn Starting Wednesday Trade with Slight Gains

Corn price action is up fractionally to 1 ½ cents so far on Wednesday. Futures closed Tuesday with contracts falling 5 to 6 ¼ cents. Open interest was down 788 contracts on Tuesday, as the roll out of March continues, down 30,524 contracts. March options expire on Friday. The CmdtyView national average Cash Corn price was down 5 1/4 cents at $3.93. USDA’s FGIS tallied corn export shipments at 1.492 MMT (58.75 mbu) during the week ending on February 12. That was 7.31% below the week prior and 8.06% shy of ...