Corn Futures Rebound After Monday's Rout

Corn futures are mostly 8 cents higher at midmorning on July 28, 2026, as they firm up in corrective trade. This rebound follows Monday's rout and is supported by continued demand evidence and fading crop conditions.

The USDA reported daily sales of 197,272 MT to unknown destinations during the 2026-27 period. The corn crop rated 63% good to excellent as of Sunday, down four percentage points from last week, which was the largest weekly decline this year and below analyst's expectations.

Pro Farmer's Crop Condition Index (CCI) shows a decline of 8.25 points to 364.39, which is 21.46 points below last year at this time. Relief from heat and dryness is expected in the northwestern U.S. Corn Belt late this week, leading to some crop improvement.