Fine planting weather depressed corn futures again Monday. The grain industry expects today’s USDA Crop Progress report to indicate a major surge in corn plantings last week and thinks that will continue through this week as well. Not only does the quick planting rate imply relatively high yields if summer conditions are ‘normal,’ farmers typically plant more corn in such circumstances. Persistent futures losses reflect those ideas. July corn futures settled 1.75 cents lower at $3.6125/bushel Monday, while December lost 2.5 to $3.7775.