Corn futures are pulling off the early session lows, with contracts up 1 to 2 cents at midday. However, the CmdtyView national average Cash Corn price is down 1 3/4 cents to $3.93 3/4.
In recent developments, President Trump posted that China is set to purchase massive amounts of sorghum, though no specifics were given regarding the total volume.
With just two days remaining in the harvest price discovery period for crop insurance, December corn has an average close at $4.21 during October. This is up a nickel from last year but down 49 cents from the spring price.
The USDA remains closed due to the government shutdown, while traders are estimating between 1.1 to 2.1 million metric tons (MMT) of corn sold in the week ending October 23.
Current prices are as follows:
– December 2025 Corn is at $4.32 1/4, down 1 3/4 cents
– Nearby Cash Corn is at $3.93 3/4, down 1 3/4 cents
– March 2026 Corn is at $4.45, down 1 3/4 cents
– May 2026 Corn is at $4.53 1/4, down 1 3/4 cents
**Disclosure:** On the date of publication, Austin Schroeder did not hold any positions, either directly or indirectly, in any of the securities mentioned in this article. All information and data presented here are solely for informational purposes. For more details, please view the [Barchart Disclosure Policy](https://www.barchart.com/disclosure-policy).
—
**Related News from Barchart:**
– Upcoming U.S.-China Talks Create 1 Bullish Soybean Trade
– Corn and Soybean Rallies Just Gave Winter Wheat and Soybean Meal a Kick. What Comes Next?
– How Much Higher Can Wheat Prices Go Now?
– China May Not Be Buying U.S. Soybeans, But Soybean Meal Is a Value Buy for Traders
*The views and opinions expressed in this article are those of the author and do not necessarily reflect the views of Nasdaq, Inc.*
—
Don’t miss a day of commodity analysis—from crude oil to coffee. Sign up for free to receive Barchart’s best-in-class updates and insights.
https://www.nasdaq.com/articles/corn-slipping-weaker-thursday