TREND: The trend for December corn is revised to sideways.
NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 36,169 contracts as of Sept. 16, a decrease of 18,075 contracts during the CFTC reporting period as traders continued their seasonal tendency to shift to buying over August and September.
COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 68,373 contracts as of Sept. 16, a decrease of 17,617 contracts, week-over-week. The December 2025 contract is priced 17 1/2 cents lower than the March 2026 contract, a spread that widened slightly through the week following the USDA's production estimate increase in last week's WASDE report. DTN's National Corn Index implies a...
DTN's Grain Quick Takes
OMAHA (DTN) -- Posted 12:46 -- December corn is unchanged, November soybeans are down 13 cents, December KC wheat is down 3 1/2 cents, December Chicago wheat is down 2 1/2 cents and MIAX December Minneapolis wheat is down 0.0300 cents.