
Corn price action is holding onto the Friday gains as shorts are coving ahead of the weekend, with contracts 6 to 7 cent higher at midday. The CmdtyView national average Cash Corn price is $3.95, with new crop at $3.86 1/2.
The weather pattern for the next week continues to be a wet one from the Dakotas and Iowa to the Eastern Corn Belt. The forecast also calls for above normal temps for late July in parts of the country.