Corn Futures Prices Decline Amid Market Volatility.

Corn futures prices on the Chicago Board of Trade (CBOT) declined on Monday, with the December contract falling 2.25 cents to $420.25 per bushel. The March 2026 contract dropped 1.5 cents to $435.00 per bushel. Trading volume for the day was 49,088 contracts, significantly lower than the previous day's volume of 165,038 contracts. Open interest also declined by 7,265 contracts to 1,650,642.

Corn futures on the Chicago Board of Trade (CBOT) experienced a significant turnaround on Wednesday, with the December contract rising 1% to $4.17 1/4 a bushel, according to a Marketscreener report. This upward movement was primarily driven by traders covering their short positions, as the market turned away from negative trading amid speculation of further declines in corn yields. The March 2026 contract also saw a notable increase, rising 1.5 cents to $435.00 per bushel.

The price action in corn futures was influenced by various factors, including the ongoing government shutdown, which has led to uncertainty about the release of USDA reports and data. Traders are also closely monitoring the situation with China, following President Trump's post on Truth Social threatening to terminate business related to cooking oil. This threat has led to muted reactions from grain traders, who are awaiting further developments, the report said.

In the broader grain market, soybeans for November delivery rose 0.1% to $10.07 a bushel, while wheat for December delivery fell 0.3% to $4.98 3/4 a bushel. The agricultural sector as a whole responded positively to Trump's post, with shares of Bunge Global SA and ADM rising significantly. Bunge's shares led the S&P 500 higher, up 12% to $92.30, while ADM's shares rose roughly 3% to $63.63 a share, the report added.

Looking ahead, the market will continue to focus on potential trade negotiations with China and the impact of the government shutdown on USDA reports. The EIA is scheduled to release its weekly ethanol production and stocks report on Thursday, while CSX Corp. will release its third-quarter earnings report after the stock market closes. The USDA will also release its weekly export sales report on Friday, providing further insights into the agricultural market, the report said.