Corn futures saw money flow flock back in on Monday, with bulls adding back some risk ahead of the US/China meeting this week. Contracts were up 3 ¼ to 15 ½ cents at the close, led by the front months. The CmdtyView national average Cash Corn price was up 15 1/2 cents at $4.98 3/4.
Monday’s Crop Progress report tallied 58% of the US corn crop listed as mature as of September 20, with harvest at 13% complete and ahead of the 11% average pace. Condition ratings were back up 1 percentage point this week at 57% in good to excellent condition, as the Brugler500 index held steady at 347.
