Corn futures closed lower on Monday, with prices down 3 to 4 cents. The national average cash corn price dropped to $3.70 3/4. The US corn crop is 88% silking, 42% in the dough stage, and 6% dented. Conditions remain stable at 73% gd/ex. StoneX estimates the US corn crop at 188.1 bushels per acre. Export inspections data showed 1.208 MMT of corn shipped in the last week, with Mexico as the top destination. September, December, and March corn futures closed lower.

Read more at Yahoo Finance: Corn Heads Lower into the Close