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Corn May '24 (ZCK24)

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Corn Futures Market News and Commentary

Corn Pulls Back into the Tuesday Close

Corn futures corrected from the sharp Monday gains on Tuesday, with contracts steady to 1 ¾ cents lower at the close. The CmdtyView national average Cash Corn price was down 1 ½ cents  to $4.35. 

NASS Crop Progress data showed the US corn crop at 76% planted as of Sunday, which was 6% ahead of the 5-year average pace of 70%.  The only states to be behind average pace for planting are Kansas, Michigan, and North Carolina. The crop was also 39% emerged, which is 2 percentage points faster than normal. 

A couple South Korean importers purchased a total of 135,000 MT of corn in separate tenders overnight. 

Jul 26 Corn  closed at $4.75 1/4, down 1 3/4 cents,

Nearby Cash  was $4.35, down 1 1/2 cents,

Sep 26 Corn  closed at $4.81 1/2, down 3/4 cent,

Dec 26 Corn  closed at $4.97 3/4, down 1/4 cent,

New Crop Cash  was $4.51 7/8, down 1/2 cent,

On the date of publication, Austin Schroeder did not have (either directly or ind... Read more

Contract Specifications

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Contract
Corn
Contract Size
5,000 bushels
Tick Size
1/4 cent per bushel ($12.50 per contract)
Trading Hours
7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Settles 1:15p.m.) (Sun-Fri) CST
Exchange
CBOT
Point Value
$50
Margin/Maintenance
$1,072/975
First Notice Date
04/30/24
Expiration Date
05/14/24 (expired)

Seasonal Chart

Corn May '24
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of May 12, 2026

View Chart Details
Commercials - Long / Short
743,273 (-9,194)
1,003,229 (-118,086)
Non-Commercials - Long / Short
570,798 (-31,079)
187,261 (+18,768)
Producers - Long / Short
334,749 (-13,625)
935,388 (-117,039)
Swap Dealers - Long / Short
384,366 (+4,534)
43,683 (-944)
Managed Money - Long / Short
416,409 (-23,639)
120,789 (+25,382)
Other Reportables - Long / Short
154,389 (-7,440)
66,472 (-6,614)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
426-2 +6.45%
on 04/18/24
461-4 -1.68%
on 05/13/24
+18-2 (+4.19%)
since 04/12/24
3-Month
408-6 +11.01%
on 02/26/24
461-4 -1.68%
on 05/13/24
+16-4 (+3.77%)
since 02/14/24
52-Week
408-6 +11.01%
on 02/26/24
637-6 -28.85%
on 06/21/23
-72-0 (-13.69%)
since 05/12/23

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Most Recent Stories

More News
Soybeans Close Tuesday with Mixed Action

Soybeans slipped into the close, with contracts down 1 ¼ to 3 ¾ cents in the front months and up 1 to 2 cents across the rest of the board. The cmdtyView national average Cash Bean price was down 3 cents...

ZSPAUS.CM : 11.4600 (-0.26%)
ZLN26 : 75.51 (+0.09%)
ZMN26 : 331.3 (-0.30%)
ZSPX26US.CM : 11.3613 (+0.18%)
ZSX26 : 1201-2 (-0.15%)
ZSN26 : 1207-4 (-0.17%)
ZSQ26 : 1208-0 (-0.14%)
Wheat Close Mixed on Tuesday

The wheat market was mixed at the Tuesday close, with Chicago contracts up and spring wheat lower. Chicago SRW futures were 2 ¼ to 3 ¾ cents higher at the close. KC HRW futures were steady, with most...

KEU26 : 711-0 (-0.42%)
KEN26 : 701-6 (-0.28%)
MWN26 : 6.9650 (unch)
ZWN26 : 666-0 (-0.19%)
ZWU26 : 679-2 (-0.15%)
Corn Pulls Back into the Tuesday Close

Corn futures corrected from the sharp Monday gains on Tuesday, with contracts steady to 1 ¾ cents lower at the close. The CmdtyView national average Cash Corn price was down 1 ½ cents to $4.35. NASS...

ZCZ26 : 496-6 (-0.20%)
ZCU26 : 480-2 (-0.26%)
ZCN26 : 474-4 (-0.16%)
ZCPZ26US.CM : 4.5973 (-0.03%)
ZCPAUS.CM : 4.3503 (-0.35%)
Pure Hedge - Livestock and Grain

Cattle Approaching Contract Highs - Feeders Up Almost 5-Bucks - Beans Ready to Break?

Grain Spreads: Gap Hunting in Soybeans

New Crop Speculation

Trade headlines subsided, and prices followed. What's next?

Grain markets saw follow-through strength in the early morning trade but fizzled into the afternoon. What's next for prices?

Shootin' the Bull about an odd day

Kind of an odd day of trading where cattle feeders just took it on the chin if placing cattle today.

Wheat Holding onto Tuesday Gains as Crop Conditions Drop

The wheat market is trading with contracts mostly higher at midday on Tuesday. Chicago SRW futures are 5 to 6 cents higher at midday. KC HRW futures are up 4 to 5 cents so far on the day. MPLS spring wheat...

KEU26 : 711-0 (-0.42%)
KEN26 : 701-6 (-0.28%)
MWN26 : 6.9650 (unch)
ZWN26 : 666-0 (-0.19%)
ZWU26 : 679-2 (-0.15%)
Soybeans Posting Tuesday Gains

Soybeans are showing fractional to 5 cent gains at midday, with new crop leading the charge. The cmdtyView national average Cash Bean price is up 3/4 cents at $11.50 3/4. Soymeal futures are down 80 cents...

ZSPAUS.CM : 11.4600 (-0.26%)
ZLN26 : 75.51 (+0.09%)
ZMN26 : 331.3 (-0.30%)
ZSPX26US.CM : 11.3613 (+0.18%)
ZSX26 : 1201-2 (-0.15%)
ZSN26 : 1207-4 (-0.17%)
ZSQ26 : 1208-0 (-0.14%)
Corn Slipping Lower on Tuesday

Corn futures are trading with contracts fractionally to a penny lower at midday on Tuesday. The CmdtyView national average Cash Corn price is down a penny to $4.36 3/4. NASS Crop Progress data showed...

ZCZ26 : 496-6 (-0.20%)
ZCU26 : 480-2 (-0.26%)
ZCN26 : 474-4 (-0.16%)
ZCPZ26US.CM : 4.5973 (-0.03%)
ZCPAUS.CM : 4.3503 (-0.35%)

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Average Signal Strength.

Key Turning Points

3rd Resistance Point 466-4
2nd Resistance Point 463-6
1st Resistance Point 458-6
Last Price 453-6s
1st Support Level 451-0
2nd Support Level 448-2
3rd Support Level 443-2

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52-Week High 637-6
Fibonacci 61.8% 550-2
Fibonacci 50% 523-2
Fibonacci 38.2% 496-2
Last Price 453-6s
52-Week Low 408-6

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