Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
or
Menu

Corn Dec '18 (ZCZ18)

Get Real-Time Futures
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [CBOT]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Corn Futures Market News and Commentary

Corn Market News and Commentary

Corn futures saw fractional to 1 3/4 cent losses in most contracts on Monday. Midwest flooding is further delaying the likely start of planting. It is still very early, however. The weekly Export Inspections report from USDA showed corn shipments in the week of 3/14 down from the week prior at 795,241 MT, which was 44.75% below the same week in 2018. YTD exports are still 25.71% above a year ago at 27.397 MMT (1.079 bbu). State by State Crop Progress data shows the Southern most states (TX, MS, LA, and AR) all lagging a year ago for planting progress, though it is still early even for those states.May 19 Corn closed at $3.71 1/2, down 1 3/4 cents,Jul 19 Corn closed at $3.80 3/4, down 1 1/2 cents,Sep 19 Corn closed at $3.87 1/2, down 1 1/4 centsDec 19 Corn closed at $3.94 3/4, down 1 1/4 cents--provided by Brugler Marketing & Management
Spring Wheat Basis: 'S'-Now Big Deal

If you’re keeping up to date on my basis postings, you’ll recall my most recent piece on soybeans (“Soybean Basis: The Weight of Futures”) talked about the often-inverse relationship between futures and basis. In other words, if the futures market posts a strong rally, grain merchandisers will often soften basis a bit on the idea that futures will do a good enough job of sourcing enough supplies to meet demand. Last week saw national average soybean basis firm, slightly, despite solid gains in futures, until Friday.Spring wheat was different, though. Here we saw the national average basis (cmdty National Hard Red Spring Wheat Index minus futures) actually weaken as the futures market firmed late in the week. To be exact, the May Minneapolis futures contract gained 5 1/2 cents, paltry indeed compared to the rest of the grain and oilseed complex, while national average basis weakened 1 1/4 cents from the previous to finish at 53 1/4 cents under the May. When one considers much of the U.S. Northern Plains remains buried by feet of snow, in mid-March, it seems counter-intuitive that spring wheat basis should be weakening.Until you factor in where bushels are being held. Most of the wheat in the U.S. winds up in commercial storage, where ownership is more easily transferred from seller to buyer. Therefore, if one doesn’t have to wait for the snow to melt before pulling grain out of an on-farm bin, it creates a situation where winter (into spring) weather doesn’t create a similar search for supplies like what has been seen in corn and soybeans. Darin NewsomPresidentDarin Newsom Analysis Inc.

Contract Specifications

See More
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
$770/700
First Notice Date
11/30/18
Expiration Date
12/14/18 (expired)

Seasonal Chart

Corn Dec '18
Average Price Chart for 5 Prior Dec Contracts

Commitment of Traders Positions as of Mar 12, 2019

View Chart Details
Commercials - Long / Short
725,304 (+28,324)
659,112 (-13,729)
Non-Commercials - Long / Short
434,458 (+24,685)
536,775 (+80,685)
Producers - Long / Short
499,593 (+29,251)
576,894 (-21,150)
Swap Dealers - Long / Short
157,862 (-7,789)
14,369 (+559)
Managed Money - Long / Short
200,436 (-10,646)
483,417 (+79,488)
Other Reportables - Long / Short
234,022 (+35,331)
53,358 (+1,197)
Get Realtime - Quotes and Charts for Futures Traders. Learn More

Price Performance

See More
Period Period Low Period High Performance
1-Month
355-2 +6.05%
on 11/26/18
379-0 -0.59%
on 12/14/18
+9-6 (+2.66%)
since 11/14/18
3-Month
342-4 +10.00%
on 09/18/18
379-0 -0.59%
on 12/14/18
+25-0 (+7.11%)
since 09/14/18
52-Week
342-4 +10.00%
on 09/18/18
429-4 -12.28%
on 05/24/18
-4-0 (-1.05%)
since 12/14/17

More Corn Quotes

All Futures
Please wait...

Most Recent Stories

More News
Corn Market News and Commentary

Corn futures saw fractional to 1 3/4 cent losses in most contracts on Monday. Midwest flooding is further delaying the likely start of planting. It is still very early, however. The weekly Export Inspections...

Soybean Market News and Commentary

Soybean futures closed with 3 to 3 3/4 cent losses in most front months on Monday. Meal futures were down $1/ton, with soy oil up 1 point. USDA showed Export Inspections of 841,888 MT to all destinations...

Wheat Market News and Commentary

Wheat futures were 2 to 6 1/2 cents lower in most winter wheat contracts on Monday, as export data disappointed the bulls amid the recent price breakdown. MPLS was up 2 to 6 cents on planting weather concerns....

Interesting Situation In Corn

Short squeeze brewing

Livestock Report

New high in Hogs

Wheat - Just My Opinion

The Different Varieties Each Has Their Own Story

Corn Market News and Commentary

Corn futures are fractionally to 2 1/4 cents lower in most contracts on Monday. Midwest flooding is further delaying the likely start of planting and to a few traders potentially increasing prevented planting....

Soybean Market News and Commentary

Soybean futures are down 4 to 5 cents at midday. Meal futures are $1.10/ton lower, with soy oil 7 points in the red. USDA showed Export Inspections of 841,888 MT to all destinations during the week of...

Wheat Market News and Commentary

Wheat futures are showing steady to 7 cent losses in the winter wheat contracts on Monday, with MPLS 2 to 6 3/4 cents higher. This morning’s USDA Export Inspections report indicated that 353,727...

Grains Report 03/18/19

WHEAT General Comments Winter Wheat markets were higher and Minneapolis Spring Wheat prices closed slightly lower for the week. Chicago SRW prices are now [...]

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 64% Buy with a Strengthening short term outlook on maintaining the current direction.

Longer term, the trend strength is Average. Long term indicators fully support a continuation of the trend.

The market is in highly overbought territory. Beware of a trend reversal.

See More Share

Key Turning Points

2nd Resistance Point 381-3
1st Resistance Point 379-1
Last Price 376-6s
1st Support Level 374-3
2nd Support Level 371-7

See More

52-Week High 429-4
Fibonacci 61.8% 396-2
Fibonacci 50% 386-0
Last Price 376-6s
Fibonacci 38.2% 375-6
52-Week Low 342-4

See More

InsideFutures Commentary

InsideFutures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Delivered every Wednesday and Friday morning to your inbox.

Add Data Columns to this Table
Learn about our Custom Views
Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Read About Upcoming
Changes to This Feature
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar