Corn Futures Expected Higher Opening
Corn futures are projected to open 3‑6 cents higher per bushel when trading resumes at the Chicago Board of Trade (CBOT) on Wednesday at 8:30 a.m. CDT, according to Reuters.
The anticipated rise follows an uptick in crude oil prices, which has provided support to corn futures because corn serves as a feedstock for biofuel production. The article notes that crude oil (ticker CL) was up 2.88%.
Weather forecasts indicating hot and dry conditions across the U.S. Midwest are expected to place additional stress on the region’s corn crop, further underpinning the bullish outlook.
At the time of reporting, CBOT December corn was last trading up 7 cents at $4.82‑¼ per bushel, with the corn futures ticker (ZC) showing a 1.18% increase.
The piece was authored by Jaiveer Shekhawat, published on 22 July 2026 at 06:48 pm, and was generated with AI assistance and editorial review.