September Corn finished down 1 1/4 at 362 3/4, 6 3/4 off the high and 3/4 up from the low. December Corn closed down 1 at 377. This was 1 up from the low and 6 off the high. December corn finished marginally lower today after starting the day on a firm note. However, the December contract did manage to hold above yesterday´s low throughout the day. Traders said that lower crude oil and gold markets and a modest rally in the dollar kept the pressure on today, along with a relatively favorable weather outlook for the week. Traders said that support came from a lack of sellers in futures and cash markets along with strength in wheat. Some weather forecasts are calling for less rain in the western Corn Belt over the next 5 to 7 days, which will be welcome in a region that has seen saturating rains over the past week, including flood-inducing rains in some areas last weekend. A toxic spill on the Mississippi, north of Memphis, has resulted in a closure of the river below the spill this morning. No word yet on when the river might reopen. September Rice finished down 0.16 at 10.01, equal to the high and 0.04 up from the low.
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