Corn Futures Rise on Monday Amid Strong Crop Progress and Export Data
Corn futures rose by 1 ¼ to 3 ¼ cents across the board on Monday, driven by improved crop progress and export data. The national average cash corn price increased to $4.15 1/4, while the U.S. corn crop was planted at 11%, 2% above the 5-year average. Export shipments for the week ending April 16 were 1.669 MMT, 2.89% higher than the previous week.
Topics: Commodity Futures Corn Prices Crop Progress Export Shipments