Corn futures posted fractional good points on Friday, as March managed to shut the week with a 1 ½ cent acquire. The CmdtyView nationwide common Money Corn value was up 3/4 cent at $3.98 1/4. The markets can be closed on Monday for President’s Day.
Giant managed cash speculators have been trimming 20,576 contracts from their web quick place as of February 10, with a web in need of 48,210 contracts on Tuesday.
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Export Gross sales knowledge from Thursday now has corn commitments of shipped and unshipped gross sales at 60.805 MMT, which is up 31% from final 12 months. That’s 73% of the total 12 months USDA export projection, matching the typical tempo.
Mar 26 Corn closed at $4.31 3/4, up 1/2 cent,
Close by Money was $3.98 1/4, up 3/4 cent,
Could 26 Corn closed at $4.42, up 1/4 cent,
Jul 26 Corn closed at $4.50, up 1/4 cent,
On the date of publication,
Austin Schroeder
didn’t have (both immediately or not directly) positions in any of the securities talked about on this article. All data and knowledge on this article is solely for informational functions.
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