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April 18, 2023Corn trades at $644 per bushel, after ending yesterday at $642.5.
United States Building Permits (Mar) is next.
The Corn future's state is reflected by market data as United States TIC Net Long-Term Transactions (Feb) released yesterday at 20:00 UTC with a figure of 71 billion, while the previous figure was 31.9 billion. United States NY Empire State Manufacturing Index (Apr) came out at 10.8, while a consensus of analysts was expecting -18.
Meanwhile, mixed performances are seen in other Grains as Soybeans is up 0.62% to $1,494.75. Rough Rice closed at $16.87 (down 0.24%). Oats goes down 0.67% to trade around $335.25.
Furthermore, the market is looking at tomorrow at 14:30 UTC data for United States Crude Oil Inventories will be released, with an expected decline to -2.46 million from the preceding figure of 597,000. United States Building Permits (Mar) scheduled to come out today at 12:30 UTC.
Approximately 11 months ago, the Corn future reached a significant high of $818.25 but has struggled to hold onto its gains and declined 21.48% since then.
