September 15, 2025 - 17:28
Corn futures are experiencing a downturn, with losses ranging from 5 to 6.5 cents at midday on Monday. This decline comes in the wake of 36 deliveries against the expiring September contract on Friday, bringing the month's total to 238 deliveries. The CmdtyView national average cash corn price has also seen a decrease, falling by 6 cents to settle at $3.80 1/2.
Despite the recent export activity, which typically supports prices, the market is reacting negatively. Analysts suggest that various factors, including weather conditions and market sentiment, may be influencing this pullback. The USDA has reported data that could impact future trading, but the immediate market response has been one of caution.
As traders monitor the situation closely, the focus will likely shift to upcoming reports and weather forecasts that could alter the current trajectory of corn prices. The market remains vigilant as it navigates through these fluctuations.
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