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Corn Mini Dec '24 (XNZ24)

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Corn Mini Futures Market News and Commentary

Corn Starting Tuesday with Weakness

Corn price action is down 1 to 1 ½ cents on Tuesday morning. Futures saw weakness for much of Monday, with contracts down 1 to 2 cents in the nearbys, pulling off early lows. Preliminary open interest was up 8,625 contracts on Monday. The CmdtyView national average Cash Corn price was down a penny to  $3.95. 

USDA tallied corn export shipments at 1.589 MMT (62.32 mbu) during the week ending on December 11. That was 9.07% below the week prior’s revised total and 37.25% larger than the same week in 2024. Mexico was the top destination of 488,231 MT, with 301,240 MT headed to Japan and 219,729 MT to Spain. Marketing year exports for 2025/26 are now 22.501 MMT (885.84 mbu) since September 1, which is now 68.74% larger than the same period last year. USDA also reported 71,917 MT of sorghum to China.

Export Sales data got another catchup on Monday, with a total of 1.84 MMT of corn booked in the week of 11/20. That was a drop from the week prior, but still 73.4% larger than the... Read more

Contract Specifications

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Contract
Corn mini-sized
Contract Size
1,000 bushels
Tick Size
1/8 cent per bushel ($1.25 per contract)
Trading Hours
7:00p.m. - 7:45a.m. and 8:30a.m. - 1:20p.m. (Sun-Fri) CST
Exchange
CBOT
Point Value
$10
Margin/Maintenance
$214/195
First Notice Date
11/29/24
Expiration Date
12/13/24 (expired)

Seasonal Chart

Corn Mini Dec '24
Average Price Chart for 5 Prior Dec Contracts
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
412-3 +4.27%
on 11/29/24
447-7 -3.99%
on 12/11/24
+3-4 (+0.82%)
since 11/13/24
3-Month
399-1 +7.74%
on 10/17/24
447-7 -3.99%
on 12/11/24
+16-6 (+4.05%)
since 09/13/24
52-Week
385-0 +11.69%
on 08/26/24
512-2 -16.06%
on 12/15/23
-77-6 (-15.31%)
since 12/13/23

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Most Recent Stories

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The Daily Grind

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Soybeans Showing Fractional Gains on Tuesday Morning

Soybeans are higher to start Tuesday, with fractional gains on Tuesday AM. Futures closed Monday with losses of 4 to 5 cents, as the market continues to sell the fact as the Chinese purchases come through....

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ZLH26 : 48.76 (-2.50%)
ZMH26 : 306.1 (-0.16%)
ZSX25 : 1112-6s (-1.70%)
ZSF26 : 1062-0 (-0.91%)
ZSH26 : 1072-0 (-0.86%)
Wheat Trading Lower on Tuesday Morning

Wheat is showing losses across the three markets early on Tuesday. The wheat complex was under pressure on Monday. Chicago SRW futures were 8 to 9 cents lower across most contracts to start the week. New...

KEK26 : 518-0 (-1.19%)
KEH26 : 505-4 (-1.27%)
MWH26 : 5.6550 (-0.57%)
ZWH26 : 508-4 (-2.35%)
ZWK26 : 519-0 (-1.89%)
Corn Starting Tuesday with Weakness

Corn price action is down 1 to 1 ½ cents on Tuesday morning. Futures saw weakness for much of Monday, with contracts down 1 to 2 cents in the nearbys, pulling off early lows. Preliminary open interest...

ZCZ25 : 431-4s (-0.86%)
ZCK26 : 444-2 (-0.78%)
ZCH26 : 436-0 (-0.85%)
ZCPAUS.CM : 3.9109 (-0.95%)
Corn Pull Off Lows to Close Monday with Penny Losses

Corn futures saw weakness for much of Monday, with contracts down 1 to 2 cents in the nearbys, pulling off early lows. The CmdtyView national average Cash Corn price was down a penny to $3.95. A private...

ZCZ25 : 431-4s (-0.86%)
ZCK26 : 444-2 (-0.78%)
ZCH26 : 436-0 (-0.85%)
ZCPAUS.CM : 3.9109 (-0.95%)
Wheat Faces Monday Pressure

The wheat complex was under pressure on Monday. Chicago SRW futures were 8 to 9 cents lower across most contracts to start the week. KC HRW futures were 6 to 7 cents in the red at the close. MPLS spring...

KEK26 : 518-0 (-1.19%)
KEH26 : 505-4 (-1.27%)
MWH26 : 5.6550 (-0.57%)
ZWH26 : 508-4 (-2.35%)
ZWK26 : 519-0 (-1.89%)
Soybeans Continue Slide on Monday Despite Another Chinese Purchase

Soybeans closed Monday with losses of 4 to 5 cents, as the market continues to sell the fact as the Chinese purchases come through. The cmdtyView national average Cash Bean price was 4 ½ cents lower at...

ZSPAUS.CM : 9.9099 (-0.97%)
ZLH26 : 48.76 (-2.50%)
ZMH26 : 306.1 (-0.16%)
ZSX25 : 1112-6s (-1.70%)
ZSF26 : 1062-0 (-0.91%)
ZSH26 : 1072-0 (-0.86%)
Hogs Pullback

Hog production soars

Grain Markets Continue to Drift Lower

Oliver Sloup on Markets on the Move: Grain markets saw some chart damage on Friday which led to additional weakness to start this week’s trade. Where’s the support? Tune in for more.

Shootin' the Bull about further rationing

Cattle feeders are continuing to bid higher for incoming inventory, at a time when even fewer cattle are anticipated available, and woefully too much production capacity.

Barchart Trading Guide

The Barchart Trading Guide is a Buy Signal with a Average Signal Strength.

Key Turning Points

3rd Resistance Point 430-0
2nd Resistance Point 430-0
1st Resistance Point 430-0
Last Price 430-0s
1st Support Level 430-0
2nd Support Level 430-0
3rd Support Level 430-0

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52-Week High 512-2
Fibonacci 61.8% 463-5
Fibonacci 50% 448-5
Fibonacci 38.2% 433-5
Last Price 430-0s
52-Week Low 385-0

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