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Austin Schroeder

SHOCKING: Corn bouncing at tuesdays midday - You Need To See This

Co IN CmdtyView Crop Progress WI United States IL KS MN MO

Corn futures are trading with midday gains of 1 of 3 cents on Tuesday, following strength on Tuesday. The CmdtyView national average Cash Corn price is up a nickel at $4.18 ¾.

The weekly Crop Progress report showed 59% of the US corn crop silking by July 19, 5 percentage points ahead of the 5-year average, with 13% in the dough stage. US condition ratings were back down 1% at 67% in good to excellent condition, as the Brugler500 index slipped 1 to at 372. Ratings in ND (-18), SD (-14), CO (-23), WI (-8), KS (-7), MO (-7) and MN (-5) all took a dip in that week. The I-States were improving, with IL up 3 and IN/IA rising 5 points, as NE improved 4 and OH up 1.

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