Corn futures rallied into the Thursday close, as contracts were 4 ¼ to 8 ½ cents higher on the session. The CmdtyView national average Cash Corn price was 8 3/4 cents higher at $3.87.
Precip heading into the first couple days of July is limited in portions of NE, SD, IA, the southern portions of MN/WI as well as the northern areas of the Eastern Corn Belt according to the NOAA 7-day QPF. Rain totals of 1 to 3 inches are seen in much of the ECB. The 8-14 day outlook from the CPC shows warmer than normal temps across the US, with the ECB looking at drier than normal precipitation.
