Corn futures are trying to gain some steam following a friendlier Grain Stocks report, with contracts up 3 to 6 cents. There were 44 delivery notice on first notice day for July futures. The CmdtyView national average Cash Corn price is 5 1/2 cents higher at $3.81 ½.
Acreage data from NASS showed 95.343 million acres of corn in this morning’s report. That came in just 5,000 acres above the March intentions report and marginally above estimates looking for 95.1 million.