Corn prices are down 3 to 3 ½ cents so far on Monday morning. Futures rounded out Friday trade with contracts mixed within a penny of unchanged. December was still weaker last week, dropping 6 cents from last Friday. Preliminary open interest was up 9,133 contracts on Friday. The CmdtyView national average Cash Corn price was up ¼ cent at $3.80 1/2. The Friday afternoon CFTC Commitment of Traders release showed a total of 19,878 contracts cut from the spec fund net short position as of September 16th to 8 ...

Corn prices are showing fractional gains this morning after a bout of weaker trade overnight. Futures held up into the close on Turnaround Tuesday, posting gains of 5 to 6 ¼ cents across the front months. Preliminary open interest showed net new buying, up 24,665 contracts. The CmdtyView national average Cash Corn price was up 6 1/4 cents at $3.85 ¼. Crop Progress data showed the US corn crop at 7% harvested, matching the 5-year average pace. Condition ratings were down 1% to 67% gd/ex, as the Brugler500 ...