Corn futures closed the Friday session mixed, with front months down ½ to 2 cents and deferred contracts for the 2027 crop steady to a penny higher. July options expired today, with first notice day on Tuesday. July futures were down 4 ¾ cents this week, with December down 2 ½ cents. The CmdtyView national average Cash Corn price was 1 3/4 cents lower at $3.85 1/4.
CFTC data showed managed money adding another 23,264 contracts to their net short position in corn futures and options the week ending on June 23. That came via new short interest, with the outright shorts up 37,052 contracts.
