Back to News
investment

Corn Bouncing on Tuesday Morning

Barchart
Loading...
3 min read
0 likes
⚡ Quantum Brief
Corn futures rebounded slightly by 2 cents Tuesday morning after Monday’s 12–13¼ cent losses in nearby contracts, driven by declining soybean and crude oil prices. Open interest fell by 23,389 contracts Monday, with May and December contracts dropping significantly, signaling long-position liquidation amid market pressure. Weekly export inspections hit 1.658 MMT (65.3 mbu), down 1.98% from the prior week but up 8.95% year-over-year, with Mexico, Japan, and Colombia as top destinations. Ukraine plans to plant 4.42 million hectares of corn this spring, a 240,000-hectare increase from 2025, boosting overall grain acreage to 6 million hectares. Cash corn prices averaged $4.11½, down 13 cents, while year-to-date exports surged 39.16% to 42.869 MMT since September.
AI Audio Summary
0:00 / 0:00
Click to play
Untitled design (31).png
Quantum News · Media Library

AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Corn Bouncing on Tuesday Morning March 17, 2026 — 11:29 am EDT Written by Austin Schroeder for Barchart-> Corn price action is up fractionally to 2 cents so far on Tuesday morning. Futures posted 12 to 13 1/4 cent losses in the nearbys on Monday. Preliminary open interest was down 23,389 contracts on Monday suggesting some longs liquidating, as May dropped 25,724 contracts, with December down 10,909. Pressure was from beans and crude oil slipping $4.49. The CmdtyView national average Cash Corn price was down 13 cents to $4.11 1/2. Monday morning’s Export Inspections report showed 1.658 MMT (65.3 mbu) of corn shipped in the week of 3/12. That was 1.98% below the week prior but 8.95% above the same week last year. Mexico was the largest destination of 446,121 MT, with 281,957 MT shipped to Japan and 150,849 MT to Colombia. The marketing year total is now 42.869 MMT (1.688 bbu) of corn shipped since September 1, which is 39.16% above the same period last year. China was the sole destination for 127,639 MT of sorghum. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Ukraine’s economic ministry estimates the country will plant 4.42 million hectares (10.92 million acres) of corn this spring. Overall grain acreage is estimated at 6 million hectares (14.83 million acres), up 240,000 (593,000 acres) from last year.May 26 Corn closed at $4.54, down 13 1/4 cents, currently up 3/4 centNearby Cash was $4.11 1/2, down 13 cents,Jul 26 Corn closed at $4.65 3/4, down 12 1/2 cents, currently up 3/4 centSep 26 Corn closed at $4.67 1/4, down 12 cents, currently up 1 cent 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. For more information please view the Barchart Disclosure Policy here. More news from Barchart Corn Prices Are Trending Higher. 1 Options Trade to Make Now.

Grain Prices Are Trending Higher: What Bulls Should Watch This Week Corn, Soybeans, and Wheat May Be the ‘Next Silver’ for Traders How Much Higher Can Corn Prices Go in March 2026? The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags Stocks Barchart With headquarters in the heart of Chicago's financial district, Barchart has been an industry-leader since 1995 when we launched Barchart.com as one of the first websites for commodities and futures market data. Since then, we have evolved into a global financial technology leader providing market data and services to the global financial, media, and commodity industries. More articles by this source-> More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

Read Original

Source Information

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.