Corn

Grain markets as a whole are still digesting last week’s USDA update.
Corn futures made a slow and steady walk higher this past week, with the Sunday night open being the low. For Soybean futures the low of the week was also the Sunday night open with a push into Fridays high tick close.
Wheat fell on weather reports out of Australia and South America while Corn and Beans hung there, supported by a lack of rain in August.
The hot and dry weather is keeping Corn and Soybean futures prices inching higher. It's possible the rally will be short lived after rains from the Tropical Storms in the Gulf of Mexico hit.
Eugene Graner provides a grain market overview. Harvest lows were already priced in for big crops early this year.
The August USDA crop report was slightly bearish as U.S. corn/soybean yields surpassed trade expectations.T he NASS yield estimates didn't come as a big surprise relative to what traders had been discussing.
Last week corn futures tested a big level of support last week at $3.25 and held up; soybeans pushed higher after touching the bottom of the trend channel. 
Several key USDA reports come out June 30. Blue Line Futures' Oliver Sloup breaks down the technical landscape for grains, soybeans, and other commodities.
Corn futures tried to breakdown yesterday, following a weekend of favorable weather that helped producers stay ahead on planting; Wheat futures rallied in afternoon session.
Corn futures spend the majority of last week’s trade consolidating, with little new news to break the market lower or spark a short-covering rally.