Corn prices are slightly higher on Monday, with futures down 1-2 ½ cents on Friday. Open interest increased by 8,511 contracts. The national average cash corn price was $3.99 1/4. Commitment of Traders data shows managed money reducing their net short position. USDA will release Export Sales data, expecting 1-2 MMT of corn bookings.

The monthly WASDE report is anticipated to show 2.145 bbu of US corn ending stocks, a 9 mbu drop from the previous report. Argentina’s corn crop is 44% planted, behind last year’s pace. Brazil’s corn crop is estimated at 135.3 MMT for 2025/26, a drop from the previous year.

Corn futures closed with slight losses, with Dec 25 Corn at $4.36 3/4, Mar 26 Corn at $4.44 3/4, and May 26 Corn at $4.52 1/4. Nearby cash corn was $3.99 1/4. Austin Schroeder has no positions in mentioned securities. Source: Barchart.com.

Read more at Yahoo Finance: Corn Starting Monday with Slight Gains