Corn Futures Open Lower on Wednesday After Recent Gains></p>
<p>Corn prices slipped 1 to 2 cents in early Wednesday trading after posting modest gains on Tuesday. Futures rose fractionally to 2.5 cents across the board, following gains in other grain markets and a $4.09 increase in crude oil after a weaker morning session. Open interest fell by 2,782 contracts on Tuesday. The CmdtyView national average cash corn price was up 3.25 cents at $4.87. </p>
<p>Harvest progress is expected to slow next week, with 1 to 3 inches of moisture forecast in parts of Kansas, Nebraska, South Dakota, Iowa, and the eastern Corn Belt. The heaviest rainfall totals are projected for Minnesota, Wisconsin, and Missouri. </p>
<p>Brazilian corn production data released by CONAB on Tuesday showed the 2025/26 crop at 144 million metric tons, up 1.04 million metric tons from the previous estimate. An initial forecast for the 2026/27 crop was set at 148 million metric tons by CONAB, compared with a USDA estimate of 139 million metric tons. </p>
<p>Dec 26 Corn closed at $5.3575, up 2.5 cents, but is currently down 1.5 cents.</p>
<p>Nearby Cash corn was $4.9050, up 3 cents.</p>
<p>Mar 27 Corn closed at $5.5025, up 2.25 cents, but is currently down 1.5 cents.</p>
<p>May 27 Corn closed at $5.5675, up 1.5 cents, but is currently down 1.5 cents.</p>
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<p><a href="https://www.nasdaq.com/articles/corn-fading-back-start-wednesday-trade">Source link </a></p>
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