Tuesday, 3 May 2011

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CBOT corn outlook: Lower; broader weakness, planting opportunities

  • Tuesday, 3 May 2011
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  • U.S. corn futures are poised for a lower start Monday, succumbing to broader based commodity weakness and talk of some open windows of opportunity for plantings this week in the western Midwest. Analysts expect corn to open 4 cents to 7 cents lower. In overnight electronic trading, corn for May delivery dropped 7 cents, or 0.9%, to $7.47 a bushel, the most-active July contract was down 5 1/4



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