TREND: The trend for September corn is down.
NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 141,762 contracts as of July 8, a decrease of 13,764 contracts as sellers had briefly paused selling and taken some profits on short positions ahead of the Fourth of July break.
COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 165,664 contracts as of July 8, a decrease of 8,596 contracts week over week. The September 2025 contract is priced 16 cents lower than the December 2025 contract, a spread that narrowed slightly over the past week. DTN's National Cash Index indicated that corn basis improved slightly over the last week, firming one cent to 13 cents under the September...
DTN's Grain Quick Takes
OMAHA (DTN) --Heading into the close, December corn is down 4 1/4 cents per bushel, November soybeans are down 5 1/4 cents, September KC wheat is down 8 3/4 cents, September Chicago wheat is down 7 3/4 cents and MIAX September Minneapolis wheat is down 0.1150 cents.