Corn price action is fractionally to a penny higher so far on Tuesday. Futures found weaker trade on Monday as traders were squaring up ahead of a Tuesday USDA report. Contracts were down fractionally to 2 cents. Preliminary open interest slipped back 2,257 contracts. The CmdtyView national average Cash Corn price was down 1 1/4 cents at $3.98 1/4. Export Inspections data showed corn at 1.453 MT (57.2 mbu) shipped in the week that ended on December 4. That was a drop of 10.89% from the week prior but up 3 ...

Corn price action is showing steady to 2 cent higher trade on Thursday morning.  Futures posted Wednesday losses of 5 to 7 cents across most contracts at the close. Open interest was down 10,627 contracts on the midweek session, suggesting some longs taking profits. The CmdtyView national average Cash Corn price was down 6 1/2 cents at $3.98 3/4. Weekly EIA data from Wednesday morning showed a record ethanol production total in the week ending on November 28, totaling 1.126 million barrels per day, a 13,0 ...

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 ...

Corn price action is down 1 to 2 cents early on Wednesday. Futures posted gains across most contracts on Tuesday with contracts closing up 1 to 2 cents. Preliminary open interest was up 5,489 contracts on Tuesday, with 17,230 contracts still exiting the Dec. The CmdtyView national average Cash Corn price was up 2 cents at $3.98 1/4. After a near month and a half hiatus, USDA released their Crop Progress report showing 91% of the corn crop harvested as of 11/16, behind the 94% average harvest pace over the ...

Corn price action is showing fractional gains so far on Monday morning. Futures closed out the Friday session with contracts down 10 to 11 ½ cents. Despite the losses, December closed with a gain of 3 cents on the week. Friday’s preliminary open interest rose 10,323 contracts, suggesting new selling interest.  The CmdtyView national average Cash Corn price was down 11 cents at $3.91 ½. After a month off, USDA released an updated Crop Production report on Friday, showing corn yield at 186 bpa. That was jus ...