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.% | ||
|---|---|---|---|---|---|
 |
|
|
1.1759
|
-0.0070
|
0.5880%
|
 |
|
|
1.2872
|
-0.0123
|
0.9461%
|
|
|
|
|
17.024
|
-0.076
|
0.447%
|
|
|
|
|
48.705
|
-0.060
|
0.123%
|
|
|
|
|
52.83
|
1.80
|
3.53%
|
|
|
|
|
1285.890
|
-4.485
|
0.348%
|
