December corn futures finished the session down 9 ¾ cents, trading in a range of 9 cents on the day. Funds were estimated sellers of 30,000 contracts to start the week.
May corn futures finished the week unchanged, trading in a range of 5 ¾ cents through the four sessions. Friday’s Commitment of Traders report showed funds were buyers of 29,288 contracts which put their net long at 18,674.
The S&P 500 climbed to an all-time high as data showing increases in durable-goods orders and consumer confidence boosted optimism in the world’s largest economy.
