On Wednesday, corn prices are partially reduced to 2 cents. The futures closed the Tuesday season with a contract of 5 to 7 cents, as September fell below the $ 4 mark. The initial open interest was below 2,349 contracts on Tuesday. There was 36 delivery against the July Corn futures overnight. Front Month CMDTYVIEW National Average Cash corn The value was down a nickel at $ 3.84.
The Central Corn Belt is expected to receive 1 to 3 inches of rain this week, with a mild yoga to the western half of the plains and parts of the ECB.
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Crop progress data showed that 18% of the US corn crop was silking until 6 July, 3 points from normal, with 3% in the dough phase. The condition rating was 1% to 74% good/excellent, 385 in 3 points with Brugler500 index. Most improvement in the west, IA up 2 digits, KS 15 points more, and Mo up 1. The IL was below 9 points, which had OH slip 4 and NE had 2 points below.
Uga, a Ukraine Grain Traders Association, estimates a 29.25 MT crop to the country’s 2025 corn crop, with exports up to 24 mm for 2025/26.
July 25 Corn Closed at $ 4.11, 7 cents below, currently 1 percent up
Cash $ 3.84, 5 cents below,
September 25 Corn Closed at $ 3.98, 5 1/2 cents below, currently 1/2 percent below
25 December Corn $ 4.14 closed at 1/4, 6 1/2 cents, currently 1 3/4 cents below
New crop cash $ 3.73 3/8, below 5 1/4 cents,
On the date of publication,
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