Corn Dec '26 (ZCZ26)
Corn Futures Market News and Commentary
Corn futures rounded out the Tuesday session on a mixed note, with front months down ¼ to 1 ¾ cents and new crop contracts up ¾ to 2 ¾ cents. The CmdtyView national average Cash Corn price was down 1 1/2 cents at $3.83 3/4.
Weekly Crop Progress data from after the close on Monday showed 94% of the US corn crop emerged by June 14, 1% above the 5-year average. US condition ratings were 68% in good to excellent condition, up 1 percentage point from the previous week. The Brugler500 index was up 1 point on higher excellent ratings to 373. Improvement was noted in OH (+21), SD (+14), IN (+7), and MN (+4), with deteriorating conditions in IA (-9), MO (-7), NE (-10), and ND (-2).
The forecast continues to see precipitation over a majority of the US growing region, with at least an inch expected in much of the Western Corn Belt. Moving east and south, rainfall totals of 2 to 4 inches are seen from eastern NE to western PA and southern areas of MN/WI/MI to the Gulf.
EIA d... Read more
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