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Barchart
Barchart
Austin Schroeder

BIZARRE: Corn closes tuesday with most contracts higher - You Need To See This

CmdtyView

Corn futures closed Tuesday with contracts seeing some spreading and adding carry back into the market as December was up ¼ cent and deferreds up 2 ½ cents. The CmdtyView national average Cash Corn price was up 1/4 cent at $3.88. The market will be closed on Thursday for Thanksgiving, with a hard open at 8:30 CST on Friday.

Export Sales data from this morning showed a total of 1.327 MMT of corn sold in the week of 10/9, in the middle of traders looking for 0.9-2.5 MMT in the delayed dataset. That was a 4-week low and below the same week last year. Data for the week of 10/16 will be out on Friday.

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