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Corn Lower

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Corn futures are trading lower Tuesday. July Corn is trading at 357 1/4, down 4 cents. December Corn is trading at 374 1/4, down 3 1/2 cents. Trading is weak.

On Monday, the USDA reported that weekly corn export inspections were 1.051 million tons. Market talk about aggressive corn plantings continues. Chatter that China's auctions of state owned corn has increased has led to some selling. Lots of chatter is making the rounds about potential summer weather patterns and has kept trading active.

 

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Posted-In: cornFutures Commodities Markets

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