Corn Prices Rise in Midday Trading on Monday
Corn futures rose by 3 to 5 cents across the front months on Monday, with the national average cash price increasing to $4.16 1/2. USDA reported a 2.89% increase in corn export shipments compared to the previous week, though it was 3.33% lower than the same period last year. The rise in corn prices was accompanied by a decline in managed money's net long position in corn futures.
Topics: Commodity Prices Corn Futures Market Analysis USDA Export Data