Corn Pausing Rally on Monday Morning as August Comes to a Close

Corn futures open the final August session with modest losses of roughly fractional to 1.5 cents, with month-end positioning cited as a possible overhang. Prior gains were largely maintained into Friday’s close, where contracts settled about 1 to 4 cents higher, and September showed a strong rebound of about 28 1/4 cents (per the partial report). Overall tone is slightly negative near term, but with recent upward momentum still evident.