Markets

CBOT corn ends firm on short-covering

Published December 19, 2017 Updated December 19, 2017 08:00pm

Trading was rangebound, with investors squaring positions ahead of the long Christmas holiday weekend. Markets close early on Friday and will remain closed on Monday for the holiday.

Benchmark March futures traded on both sides of previous prices but ended 1/2 cent higher at $3.47-1/2 a bushel. The benchmark contract fell to a contract low of $3.46-1/2 on Friday and matched that low again on Monday and Tuesday.

May, July and September 2018 futures and May 2019 also matched previous contract lows on Tuesday.

 

Copyright Reuters, 2017