Corn Rallying on Tuesday, Hitting $5 Spot Futures

Corn futures are up 6–8 cents across most contracts, while the CmdtyView national cash corn price rises another 7.75 cents to $4.70 1/4. Weekly Crop Progress shows 86% of the US crop in the dough stage as of Aug. 23, supporting near-term price stability. Overall, the tape is modestly positive but driven by incremental data rather than a major shock.