Corn futures tilted lower in American trade as the dollar index settled higher according to their inverse relation, which follows a spate of data from the U.S., the world's largest corn producer and exporter.
As of 08:24 GMT, corn futures due on March 16 fell 0.42% to $358.50 a bushel from the opening price of $360.00, with an intraday low at $357.25, and a high at $360.25, while the dollar index inched up 0.07% to 102.00 from the opening of 101.86.
Earlier data from the world's largest economy showed wholesale inventories up 1.0% in November, compared to October's and expectations of 0.9%, while the Jolts job openings survey showed a drop to 5.52 million in November from 5.45M in October, missing expectations of 5.59M. Last wee, the payrolls report showed a drop in new jobs in December, while the unemployment rate rose to 4.7%, as average hourly earnings rose past expectations last month.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
 |
|
|
1.1403
|
0.0024
|
0.2109%
|
 |
|
|
1.2968
|
0.0043
|
0.3350%
|
|
|
|
|
16.779
|
-0.029
|
0.172%
|
|
|
|
|
45.245
|
0.360
|
0.802%
|
|
|
|
|
47.95
|
0.58
|
1.22%
|
|
|
|
|
1245.085
|
-4.125
|
0.330%
|
