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Barchart
Barchart
Austin Schroeder

Corn Bulls Fail Bite on USDA Report

USDA United States CmdtyView

Corn futures are failing to see much upward movement following some friendlier USDA data from this morning. Contracts are down 2 to 5 cents across the front months at midday. The front month CmdtyView national average Cash Corn price is down 2 ¼ cents at $3.83. Late on Thursday, President Trump announced a 35% tariff on Canadian goods excluding USMCA compliant products starting on August 1,

Rains are in the forecast for the next week in the Central Corn Belt, with the northern part of the ECB nearly 1 inch.

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