Corn Ends Tuesday on a Soft Note

Corn Market Wrap-Up: Tuesday’s Decline Continues

On Tuesday, corn futures extended their losses, dropping between 1 and 3 ½ cents for the most actively traded contracts. This followed a sharp downturn seen on Monday. The national average cash price for corn, as reported by CmdtyView, slipped by 1 3/4 cents to settle at $3.81 1/2.

Looking ahead, traders are anticipating the release of EIA data on Wednesday morning. The market is watching to see if ethanol production remains stable after last week’s significant increase in stockpiles and a decrease in refinery usage.

Overnight, South Korean buyers secured 264,000 metric tons of corn through tenders, with an additional tender for 140,000 metric tons set to close on Wednesday.

According to ANEC, Brazil is expected to export 3.27 million metric tons of corn in January, an increase of 0.42 million metric tons from their previous estimate.

Tuesday’s Corn Price Summary

• March 2026 Corn settled at $4.19 3/4, a decrease of 1 3/4 cents
• Nearby cash price was $3.81 1/2, down 1 3/4 cents
• May 2026 Corn ended at $4.27 3/4, down 2 3/4 cents
• July 2026 Corn closed at $4.34 1/2, falling 3 1/2 cents