Corn is starting Wednesday trade with contracts fractionally to a penny higher. Futures closed out the Tuesday session with most contracts 2 to 3 ¼ cents lower at the final bell. Preliminary open interest data suggested new selling, rising 10,345 contracts. The CmdtyView national average Cash Corn price was down 3 1/4 cents to $3.92 3/4.
There was some outside pressure, with losses in wheat adding spillover weakness and crude oil dropping $1.61/barrel.
