Corn Pulling Off Early Lows on Tuesday
Corn futures are trading with contracts fractionally to a penny lower at Tuesday’s midday. The CmdtyView national average Cash Corn price was up 3 1/4 cents at $4.87.
The weekly Crop Progress report tallied 86% of the US corn crop dented as of September 13, with 42% listed as mature and harvest at 8% complete. Condition ratings were back up 1 percentage point this week at 57% in good to excellent condition, as the Brugler500 index held steady at 347.
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CONAB data was released this morning showing the 2025/26 corn crop in Brazil at 144 MMT, a 1.04 MMT increase from the previous number. An initial estimate for the 2026/27 corn crop was pegged at 148 MMT from CONAB, vs. the USDA at 139 MMT.
Dec 26 Corn is at $5.32 3/4, down 1/2 cent,
Nearby Cash is at $4.87, down 1/2 cent,
Mar 27 Corn is at $5.47 1/4, down 3/4 cent,
May 27 Corn is at $5.54 1/4, down 1 cent,
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
