Austin Schroeder at Barchart.com said, “Corn price action is up 3 to 4 cents early on Monday morning. Futures posted mixed trade, with contracts down ½ cent to 2 cents higher. Mar was up 6 ¼ cents on the week, with December up 7 ¼ cents. Open interest was down 20,505 contracts on Friday, with a majority (51,997) coming in May.” Matthew Lucas at Total Farm Marketing said, “Corn futures and broader commodity markets are finding support again this morning as fresh risk premium is being injected into energy markets following stalled U.S.–Iran negotiations. The lack of progress in talks has renewed concerns over supply disruptions tied to the Strait of Hormuz, pushing crude oil prices higher and spilling supportive momentum into grain markets.”