Corn Dips its Toe Below $4 to Start the Week, with NASS Trimming Ratings After the Close

Corn futures fell 5 1/4 to 11 1/2 cents on Monday as longs exited positions ahead of Tuesday’s USDA report and first notice day for July futures. The move reflects short-term positioning pressure rather than a fundamental shift in supply-demand data. Cash corn also weakened, with the CmdtyView national average price quoted lower.

Analysis

Corn futures fell 5 1/4 to 11 1/2 cents on Monday as longs exited positions ahead of Tuesday’s USDA report and first notice day for July futures. The move reflects short-term positioning pressure rather than a fundamental shift in supply-demand data. Cash corn also weakened, with the CmdtyView national average price quoted lower.