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Austin Schroeder

Corn Holds onto Turnaround Tuesday Strength

IN SD CmdtyView

Corn futures held onto gains heading into the Tuesday close, as contracts were up 1 to 2 cents in the nearbys. The front month CmdtyView national average Cash Corn price was up 1 1/4 cents at $3.88 3/4. 

Crop Progress data from Monday showed steady crop ratings at 74% gd/ex and 385 on the Brugler500 index. By state, IN was down 2, with SD and OH slipping 1, and MI falling 9. Improvement was noted in MO (+14), ND (+6), NE and IL (+3), with IA ratings steady.

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