Corn Mar '22 (ZCH22)
Corn Futures Market News and Commentary
Corn price action is just fractionally higher on Tuesday morning trade. Futures were in retreat mode on Monday with contracts down 2 ½ to 13 ½ cents, across the board, led be the front months. Open interest was down 14,035 contracts, mainly in September and December. Contracts were pressured by an improving weather forecast and $7.40 losses in crude oil. The CmdtyView national average Cash Corn price was down 12 1/2 cents at $4.21 1/4.
Monday’s Crop Progress report showed 78% of the US corn crop silking by July 26, 4 percentage points ahead of the 5-year average, with 25% in the dough stage. US condition ratings fell 4% at 63% in good to excellent condition, as the Brugler500 index were down 11 points to at 361.Â
USDA’s FGIS tallied corn export shipments at 1.488 MMT (58.58 mbu) during the week ending on July 23. That was 7.74% below week prior and 2.88% below the same week last year. Mexico was the top destination of 454,201 MT, with 252,204 MT headed to Japan and 236,1... Read more
Barchart · Tue Jul 28, 7:28AM CDT
Soybeans are trading with 3 to 5 ½ cents losses so far on Tuesday morning. Futures fell 18 ¾ to 40 ½ cents across the board on Monday, with weaker products...
Barchart · Tue Jul 28, 7:28AM CDT
Wheat is showing early Tuesday weakness with losses of 3 to 9 cents. The wheat complex joined in on the rest of the commodity losses on Monday. Chicago...
Barchart · Tue Jul 28, 7:28AM CDT
Corn price action is just fractionally higher on Tuesday morning trade. Futures were in retreat mode on Monday with contracts down 2 ½ to 13 ½ cents,...
Barchart · Mon Jul 27, 5:16PM CDT
Corn futures were in retreat mode on Monday with contracts down 2 ½ to 13 ½ cents, across the board, led be the front months. Contracts were pressured...
Barchart · Mon Jul 27, 5:16PM CDT
Soybeans fell 18 ¾ to 40 ½ cents across the board on Monday, with weaker products and an improving forecast playing a role. The cmdtyView national average...
Barchart · Mon Jul 27, 5:16PM CDT
The wheat complex joined in on the rest of the commodity losses on Monday. Chicago SRW contracts were 11 to 18 cents in the red. KC HRW futures closed...
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