Korda, who won her only major title at the event in 2021, last played at the Founders Cup in mid-May, where she missed the cut.
The 24-year-old has not won on the LPGA Tour since retaining her Pelican Women's Championship title last November.
Before the Founders Cup in New Jersey, Korda had six top-six finishes in seven LPGA events and regained the top ranking before being overtaken by South Korea's Ko Jin-young.
"When I got back from New Jersey, it didn't feel right," Korda told reporters on Tuesday.
"It's sometimes nice to reset after playing," said Korda, whose sister Jessica also plays on the LPGA Tour.
Persons:
Nelly Korda, raring, Korda, Korea's Ko Jin, Jessica, Lydia Ko, Hritika Sharma, Peter Rutherford
Organizations:
LPGA, Thomson
Locations:
Springfield , New Jersey, New Jersey, New Zealand, Hyderabad