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Barchart
Barchart
Austin Schroeder

FORGOTTEN HISTORY: Corn posting tuesday gains | History Defined

Corn futures are showing gains of fractionally to 3 cents across most contracts on Tuesday as the market is putting some carry back in. The CmdtyView national average Cash Corn price is down ¾ cents at $3.87 1/4. 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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