Home Market Active Fund Selling Weighed on Corn Through April

Active Fund Selling Weighed on Corn Through April

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Corn futures were pressured throughout April by active fund selling, with additional pressure this week coming from an active planting pace. The price drop in corn is starting to perk up export demand, but the market needs a constant dose of demand news to stabilize prices. Soybean futures also ended the week lower due to heavy late-week selling and wheat futures continued their price slide this week amid ongoing dismal demand and improved moisture for the Southern Plains.

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