Corn Futures Pricing

Chicago Board of Trade · December 2026 contract · Priced in U.S. cents per bushel

Cash Basis

USDA · Nov 6

No report

Strongest South Carolina +70¢ · weakest North Dakota −89¢

USDA country-elevator bids against December futures, in cents per bushel; the legend runs from the weakest basis to the strongest.

Every state's basis, its regions and the terminal markets are for Farmbucks members. See what's included

Storage Signal

Nov 6 settle

Dec → Mar: Carry · +13.75

Carry (+) means later months trade above the nearby: the market is paying toward storage. Inverted (−) means the nearby trades above later months. Not trading advice.

Futures Chain

13 contracts

ZCZ26 Dec 2026 OI 689,523 441.50 ¢/bu +1.50 +0.34%

ZCH27 Mar 2027 OI 547,527 455.25 ¢/bu +0.75 +0.17%

ZCK27 May 2027 OI 234,786 463.50 ¢/bu +0.25 +0.05%

ZCN27 Jul 2027 OI 236,416 471.25 ¢/bu +0.50 +0.11%

ZCU27 Sep 2027 OI 95,266 469.75 ¢/bu +1.25 +0.27%

ZCZ27 Dec 2027 OI 146,286 485.25 ¢/bu +1.75 +0.36%

ZCH28 Mar 2028 OI 14,708 499.25 ¢/bu +1.75 +0.35%

ZCK28 May 2028 OI 4,524 506.50 ¢/bu +1.75 +0.35%

ZCN28 Jul 2028 OI 5,206 510.00 ¢/bu +2.00 +0.39%

ZCU28 Sep 2028 OI 1,300 487.75 ¢/bu +0.75 +0.15%

ZCZ28 Dec 2028 OI 3,904 491.25 ¢/bu +0.75 +0.15%

ZCN29 Jul 2029 OI 16 511.25 ¢/bu +0.75 +0.15%

ZCZ29 Dec 2029 OI 155 495.00 ¢/bu +0.75 +0.15%

Open interest (OI) is how many contracts are still open in each month.

Commitments of Traders

Tuesday, Nov 3

Managed moneySold 78.8K on the week · most net short since Jun 30, 2026: −22.9K
Producers and merchantsLong 612K · short 967K · net +58.6K on the week: −355K
Open interest Up 82.6K on the week · 922 traders: 2.58M

CFTC Commitments of Traders (disaggregated), CBOT corn futures and options combined: positions as of Tuesday, Nov 3, published Friday, Nov 6; the next report (Nov 10 positions) is out Monday, Nov 16 at 3:30 pm ET. Net is longs less shorts, in contracts of 5,000 bushels.

Two years of fund positioning, the three-year range and every trader group are for Farmbucks members. See what's included

More for members

Every state's cash basisThe typical basis and range in each of 21 states, each state's regions, and the terminal markets
The full Commitments of TradersTwo years of fund positioning, charted, its three-year range, and every trader group

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About

Cash Basis. USDA Agricultural Marketing Service, Market News, Daily Grain Bids: what country elevators, terminals and processors bid in each state, against December futures, published weekday afternoons.

Storage Signal. Worked out from the futures themselves: the front month against the next, and old crop against new while the front month is old crop, at the latest trades while the market is open, else at the last settle.

Futures Chain. Every CBOT contract month now trading, with its last price, the day’s change and its open interest.

Commitments of Traders. U.S. Commodity Futures Trading Commission, Commitments of Traders (disaggregated): the open positions of each kind of large trader as of Tuesday’s close, published Fridays at 3:30 pm ET (the following Monday in a holiday week).

Market Data: Futures price data on Farmbucks is provided by DTN, CME Group, and ICE. Cash basis is from USDA AMS daily grain bid reports; positioning is from the CFTC's Commitments of Traders; the natural gas outlook and storage are from the U.S. Energy Information Administration. This data is for informational purposes only, may be subject to delays or inaccuracies, and is not trading advice. Please consult official sources or your broker for trading decisions.