Corn futures rose by fractional to 2½ cents on Tuesday, October 10, 2023, following gains in crude oil, which increased by $4.09. The CmdtyView national average Cash Corn price saw a rise of 3¼ cents, reaching $4.87. December 2026 Corn closed at $5.35¾, while March 2027 Corn closed at $5.50¼, both reflecting minor increases.
Weather forecasts predict 1 to 3 inches of rain impacting early harvest progress in parts of Kansas, Nebraska, South Dakota, Iowa, Minnesota, Wisconsin, and Missouri. Data released by CONAB indicates Brazil’s corn crop for 2025/26 is projected at 144 million metric tons, an increase of 1.04 million metric tons from previous estimates, with the projected 2026/27 crop estimated at 148 million metric tons, surpassing the USDA’s estimate of 139 million metric tons.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
