Corn futures rose 5 1/4 to 6 3/4 cents at Monday's close, while the CmdtyView national average cash corn price increased 5 cents to $4.44 3/4. NASS reported the U.S. corn crop 38% planted as of Sunday, a pace that was 4 percentage points behind the prior year. The update is supportive for corn prices but appears to be a routine market-moving crop progress report rather than a major catalyst.
Corn futures rose 5 1/4 to 6 3/4 cents at Monday's close, while the CmdtyView national average cash corn price increased 5 cents to $4.44 3/4. NASS reported the U.S. corn crop 38% planted as of Sunday, a pace that was 4 percentage points behind the prior year. The update is supportive for corn prices but appears to be a routine market-moving crop progress report rather than a major catalyst.
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mildly positive
Sentiment Score
0.15
