
Corn futures are trading with 2 to 3 ½ cent gains at Monday’s midday. The CmdtyView national average Cash Corn price is up 2 cents at $4.05 1/4. Crude oil is back up just $3.03 this morning, though more than $5 off the overnight highs following the breakdown of US/Iran negotiations this weekend.
Crop Progress will be updated later this afternoon, with analysts looking for the US corn crop to be 6% planted as of Sunday.