Corn Commodity Markets, Prices & Futures
Use the chart below to check futures prices for corn. Click the contract dates for more prices and trends. Cash price reflects the USDA Chicago terminal.
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Latest News From Corn Markets
As drought deteriorates across the U.S., it’s a positive signal for growing a big crop in 2024. And analysts say if weather continues to fuel this year’s crop, December corn futures could fall into the $3 range by fall.
Grains close higher on Friday on short covering and putting in some risk premium, but will the rally continue into next week? Rich Nelson, Allendale, Inc, says it will be a tough lift.
USDA and the U.S. Agency for International Development (USAID) announced the release of $1 billion in previously allocated food aid.
Despite being lower for the week, the grain markets all closed higher on Friday and might have been putting in risk premium says Jerry Gulke, president of the Gulke Group.
Grains close higher on short covering and putting in some risk premium. Live cattle ended higher with steady Southern cash. Hogs broke above chart resistance. Rich Nelson, Allendale, Inc. covers it all.
Pro Farmer recaps the week’s price action for soybeans and shares outlook broken down into the next 5, 30 and 90 day segments.
Scott Varilek, Kooima Kooima Varilek says live cattle see pressure ahead of cash news and COF but have absorbed a lot of bearish news. Hogs consolidate, with short covering in grains putting in war premium.
Sales of E15 fuel blends this summer is another concern.
Soybeans continue to see South American hedge pressure and that is dragging down corn says Arlan Suderman of StoneX.
The International Grains Council (IGC) cut its forecast for 2024-25 global corn production by 7 MMT.