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Barchart
Barchart
Austin Schroeder

UNBELIEVABLE: Corn falling at midday 56044a12 e868 43fb 9c61 da265f48d817 | History Defined

Corn futures are showing losses of 3 to 3 ¼ cents in the front months on Tuesday. The CmdtyView national average Cash Corn price is down 3 1/4 cents to $3.92 1/2.  Pressure is coming from losses in wheat and crude oil dropping $1.42/barrel at midday.

Another update to the backlogged CFTC data on Monday afternoon showed managed money flipping back to a net short of 10,872 contracts in the week ending on November 25 a move of 48,999 contracts to the short side. 

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