Corn Fades into Monday’s Close, as Crop Ratings Improve

Corn futures slipped into the Monday close, with most contracts settling modestly higher (+1 1/2 to +2 3/4 cents), while July was flat-to-lower (down 1/4 cent). The CmdtyView national average Cash Corn price rose 1 1/2 cents to $4.10, and weekly Crop Progress showed 16% of the US crop silking, adding cautious near-term supply/timing context.

Analysis

Corn futures slipped into the Monday close, with most contracts settling modestly higher (+1 1/2 to +2 3/4 cents), while July was flat-to-lower (down 1/4 cent). The CmdtyView national average Cash Corn price rose 1 1/2 cents to $4.10, and weekly Crop Progress showed 16% of the US crop silking, adding cautious near-term supply/timing context.