Corn Holding Steady on Tuesday
Yahoo Finance·2026-03-03 18:25
Group 1 - Corn futures are experiencing slightly mixed trade, with the CmdtyView national average Cash Corn price increasing by 0.25 cents to $4.05 [1] - The USDA reported a private export sale of 196,000 MT of corn to unknown destinations [1] - The USDA's Grain Crushing report indicated that 460.95 million bushels of corn were used for ethanol production in January, which is a decline of 1.49% year-over-year and down 4.5% from December's revised total [2] Group 2 - South Korean importers purchased a total of 133,000 MT of corn overnight through separate tenders [2] - As of March 26, Corn futures closed at $4.32 1/4, down 1 cent, while May 26 Corn closed at $4.46, up 0.25 cents, and July 26 Corn closed at $4.55, up 0.75 cents [2]