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Barchart
Barchart
Austin Schroeder

HISTORICAL FACTS: Corn starting tuesday with early strength | History Defined

Corn prices are up 3 to 4 cents so far on Tuesday. Futures closed the Monday session with contracts up 3 to 5 cents across most contracts. Open interest showed modest short covering, down 3,444 contracts, mainly in July (-9,266). The CmdtyView national average Cash Corn price was up 4 cents to $4.34 3/4. 

NASS Crop Progress data showed the US corn crop at 57% planted as of Sunday, which was 5% ahead of the 5-year average pace of 52%. The crop was also 23% emerged, which is 4 percentage points faster than normal. 

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