After closing the previous trading day at $589, Corn is up to $592.5 per bushel, which makes for a move of 0.59%/$3.5 today.
United States Average Hourly Earnings is next today at 12:30 UTC.
On the flip side, Initial Jobless Claims in United States fell short of market expectations (240,000) with a reading of 242,000, continuing the decline from the previous figure of 229,000.
Meanwhile, United States Fed's Balance Sheet released yesterday at 20:30 UTC with a figure of 8.50 trillion, while the previous figure was 8.56 trillion. Fresh Reserve Balances with Federal Reserve Banks data from United States came out at 3.17 trillion.
Also worthy of note, today at 12:30 UTC data for United States Non Farm Payrolls will be released, with an expected decline to 180,000 from the preceding figure of 236,000. United States Unemployment Rate projected to decline to 3.6 while previous data was 3.5; data will be released today at 12:30 UTC.
Furthermore, the market is looking at United States Average Hourly Earnings is expected today at 12:30 UTC.
The commodity has been trending lower for about a month. Corn has shed 13.03% over the past three months.