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Barchart
Austin Schroeder

Corn Gives Back Gains as Crop Ratings Hold Steady

CmdtyView United States

Corn futures closed out the Monday session seeing some slight buying off the midsession lows, though contracts were still 4 to 5 ½ cents in the red. The CmdtyView national average new crop Cash Corn price this morning is $3.80.

Crop Progress data indicated 56% of the US corn crop was silking as of 7/20, 2 points back of the 5-year average. The crop was 14% in the dough stage, vs. the 12% average. Condition ratings were unchanged at 74% gd/ex and 385 on the Brugler500 index. 

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