$TRUMP
Corn futures contracts fall as traders take profits after Monday gains
Corn futures contracts on the Chicago Board of Trade fell by 2 to 5 cents per bushel on Tuesday, as traders moved to take profits following the gains made in the previous session.
Market participants are keeping an eye on the weakness seen in U.S. dollar and oil markets, amid easing concerns about oil supplies from the Gulf region. A senior Iranian official told Reuters on Tuesday that Iran is able to reopen the Strait of Hormuz within seven days, provided the United States eases its military pressure and lifts its blockade on Iranian ports.
Rain continues to fall on parts of central United States, leading to a near standstill in harvesting operations in parts of Nebraska and Iowa, according to two market analysts.
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Corn futures contracts fall as traders take profits after Monday gains
Corn futures contracts on the Chicago Board of Trade fell by 2 to 5 cents per bushel on Tuesday, as traders moved to take profits following the gains made in the previous session.
Market participants are keeping an eye on the weakness seen in U.S. dollar and oil markets, amid easing concerns about oil supplies from the Gulf region. A senior Iranian official told Reuters on Tuesday that Iran is able to reopen the Strait of Hormuz within seven days, provided the United States eases its military pressure and lifts its blockade on Iranian ports.
Rain continues to fall on parts of central United States, leading to a near standstill in harvesting operations in parts of Nebraska and Iowa, according to two market analysts.
#AIStocksWhatNext #BitcoinBreaksAboveMayHighNears$86K #$14BBitcoinOptionsExpireFriday #BNBMarketCapPassesBNYMellon
