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Austin Schroeder

THE TRUTH ABOUT: Corn falls lower into the weekend | History Defined

CFTC CmdtyView

Corn futures closed the Friday session with contracts falling 7 to 11 ¾ vents as July ended the week with losses of 15 ½ cents. December was12 ½ cents lower. The CmdtyView national average Cash Corn price was down 11 cents to $4.16 3/4. 

The weekly CFTC update from Friday showed managed money paring back their net long by 44,442 contracts in the week ending on 5/12. That took their net long position in corn futures and options to 299,483 contracts.

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