Corn futures are slightly weaker, with contracts down 2 to 2.5 cents midday; July futures are expiring today. The CmdtyView national average cash corn price is also down 2 cents to $4.08. Weekly Crop Progress indicates 16% of the US corn crop had reached silking by July 12, suggesting ongoing crop development but no major upside catalyst in the move so far.
Corn futures are slightly weaker, with contracts down 2 to 2.5 cents midday; July futures are expiring today. The CmdtyView national average cash corn price is also down 2 cents to $4.08. Weekly Crop Progress indicates 16% of the US corn crop had reached silking by July 12, suggesting ongoing crop development but no major upside catalyst in the move so far.
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mildly negative
Sentiment Score
-0.10
