🌽 Corn Pushes to New Contract Highs
It has been a strong week for the grain trade, with corn continuing to lead the charge.
Crop Tour findings suggest this wasn’t simply a regional production problem — weakness is showing up nationally.
Minnesota and Iowa appear to be carrying much of the yield strength.
Other states, including Illinois, are coming in well below last year’s production.
Pro Farmer is expected to release its final estimates this afternoon.
Corn yield expectations are roughly 177–180 bushels per acre, with yields down from last year across the regions.
December corn: $5.07½, +4¢ — new contract highs
September corn: $4.82½, +3¾¢, moving above recent resistance.
September grain options expire today.
📈 Demand Remains Strong
Corn’s ability to push through resistance is another indication that demand
