Corn Slipping Back on Tuesday

Corn futures are holding onto losses at midday, with contracts 2 to 3 cents lower at midday. The CmdtyView national average Cash Corn price is down 3 cents at $4.95 3/4.

Monday's Crop Progress report tallied 58% of the US corn crop listed as mature as of September 20, with harvest at 13% complete and ahead of the 11% average pace. 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.

The Buenos Aires Grain Exchange estimates the 2026/27 Argentina corn crop 66 MMT, which would be above the 64 MMT from last year. The crop was reported at 11.1% planted.

Nearby Cash is at $4.95 3/4, down 3 cents

Mar 27 Corn is at $5.54, down 2 3/4 cents

May 27 Corn is at $5.60 1/4, down 2 3/4 cents

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. This article was originally published on Barchart.com