Corn Recovering Slightly on Monday AM Trade

Corn price action is showing fractional gains so far on Monday morning. Futures closed out the Friday session with contracts down 10 to 11 ½ cents. Despite the losses, December closed with a gain of 3 cents on the week. Friday’s preliminary open interest rose 10,323 contracts, suggesting new selling interest.  The CmdtyView national average Cash Corn price was down 11 cents at $3.91 ½. After a month off, USDA released an updated Crop Production report on Friday, showing corn yield at 186 bpa. That was jus ...