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Corn Futures Performance: Corn futures saw slight gains on Monday, with cash corn prices rising by a penny to $3.71 ¾.
Crop Progress Report: The USDA reported that 44% of the corn crop is dented and 7% mature, maintaining a steady condition rating of 71% good/excellent.
Export Inspections Data: For the week ending August 21, corn shipments totaled 1.305 MMT, marking a 24.12% increase from the previous week and a 38.84% rise compared to last year, with Mexico being the top destination.
Brazilian Corn Harvest Update: AgRural reported that 98% of Brazil's 2024/25 second corn crop has been harvested, while planting for the 2025/26 first corn crop is at 3.2%.
