Corn futures finished Monday down 2.5 to 6 cents across the board, while the CmdtyView national average cash corn price fell 5 3/4 cents to $3.81 3/4. The USDA Crop Progress update showed 97% of the U.S. corn crop had emerged by June 21, matching the 5-year average, reinforcing a generally ample supply backdrop. The move is modestly bearish for corn prices but likely limited in broader market impact.
Corn futures finished Monday down 2.5 to 6 cents across the board, while the CmdtyView national average cash corn price fell 5 3/4 cents to $3.81 3/4. The USDA Crop Progress update showed 97% of the U.S. corn crop had emerged by June 21, matching the 5-year average, reinforcing a generally ample supply backdrop. The move is modestly bearish for corn prices but likely limited in broader market impact.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.20
