Corn futures are holding onto losses at midday, with contracts 2 to 3 cents lower at midday. The CmdtyView national average Cash Corn price is down 3 cents at $4.95 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.