date:Dec 29, 2012
March Corn finished down 1 3/4 at 691 1/2, 4 off the high and 2 1/4 up from the low. May Corn closed down 2 at 694 1/2. This was 2 3/4 up from the low and 3 3/4 off the high.
March corn traded slightly lower on the day and the December 2013 contract hit a fresh 5-month low. Slow export demand and poor ethanol margins continue to weigh on futures.
Outside markets turned negative midday on Fiscal Cliff fears. This sent the US Dollar Index higher which pressured the broader commodity complex.