TREND: The trend in December corn is down, in line with the seasonal tendency.
NONCOMMERCIAL OUTLOOK: Noncommercial traders held a net-long futures position of 258,634 contracts in corn as of Sept. 14, a decrease of 9,143 contracts from the previous week. The liquidation trend continues as we near harvest.
COMMERCIAL OUTLOOK: Commercial net shorts continue to favor the short side as of Sept. 14. The December contract is priced 6 3/4 cents below the March contract, a bearish indication of demand for new-crop corn.
SEASONAL INDEX: Corn prices tend to peak in early June and bottom in early October.
PRICE PROBABILITY: The active futures contract increased to the 51st...
DTN's Grain Quick Takes
OMAHA (DTN) -- December corn is down 3 1/4 cents per bushel, November soybeans are down 10 3/4 cents, December KC wheat is down 6 cents, December Chicago wheat is down 3 1/4 cents and December Minneapolis wheat is down 5 1/4 cents.