Corn Ends Mixed, with Nearby Contracts Under Pressure

Corn Futures End Mixed as Nearby Contracts Slip

On Tuesday, corn futures experienced slight declines to losses of up to a penny in the nearest contracts, while other months saw marginal gains of up to 1 ¾ cents. The CmdtyView national average cash price for corn dropped by 1 ¼ cents, settling at $3.86.

According to Export Inspections, corn shipments for the week ending January 15 reached 1.484 million metric tons (58.4 million bushels), reflecting a 1.35% decrease from the previous week and a 3.81% drop compared to the same period last year. Mexico led as the primary destination, receiving 401,809 metric tons, followed by Colombia with 252,324 metric tons and Japan with 243,588 metric tons. So far this marketing year, total shipments have reached 29.92 million metric tons (1.178 billion bushels), marking a 55.46% increase year-over-year.

Latest Updates from Barchart

AgRural reports that as of last Thursday, 1.6% of Brazil's first corn crop had been harvested, while planting for the second crop reached 1.1%. ANEC projects that Brazil's corn exports for January will total 3.45 million metric tons, an increase of 0.18 million metric tons from the previous estimate.

Recent Corn Closing Prices

• March 2026 Corn closed at $4.23 3/4, down 1 cent
• Nearby Cash settled at $3.86, down 1 1/4 cents
• May 2026 Corn finished at $4.31 1/4, down 3/4 cent
• July 2026 Corn ended at $4.37 3/4, down 1/4 cent