Core Insights - Corn futures experienced an increase, with contracts rising by 5 to 6 cents on the day, indicating a positive market trend for corn prices [1] - The national average cash corn price rose by 5.5 cents to $3.78 1/4, reflecting a general upward movement in corn pricing [1] - S&P Global has reduced its estimate for the US corn yield to 185.5 bushels per acre (bpa), a decrease of 3.6 bpa from the previous month, with total production estimated at 16.707 billion bushels (bbu) [2] Price Movements - December 25 corn closed at $4.21 3/4, up 5 1/4 cents, indicating a positive shift in futures pricing [2] - Nearby cash corn price was reported at $3.78 1/4, up 5 1/2 cents, showing a consistent increase in cash market prices [2] - March 26 corn closed at $4.38, up 5 1/4 cents, and May 26 corn closed at $4.47 3/4, up 5 cents, further demonstrating the upward trend in corn futures [2] Harvest Conditions - Harvest activities in the Eastern Corn Belt (ECB) may face delays due to light rainfall expected in the upcoming week, particularly affecting regions in Nebraska, Iowa, and the Dakotas [1] - The harvest price for crop insurance will be determined this month based on the average December corn close during October, with the current average of the first two days at $4.19 compared to the spring price of $4.70 [1]