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Austin Schroeder

REVEALED: Corn posts gains on tuesday - The Real Truth

CmdtyView WASDE MI MO NC WI

Corn futures held on Tuesday, with contracts up 4 to 5 cents at the close. A limit rally in the wheat market was supportive. The CmdtyView national average Cash Corn price was up 5 cents to $4.39.

The May WASDE report from this morning saw a 15 mbu increase to the US ending stocks projection to 2.142 bbu, via a 15 mbu cut to ethanol. The first 2026/27 US balance sheet from the World Ag Outlook Board showed an ending stocks at 1.957 bbu slightly above the average trade estimate. The 2026 US production number was tallied at 15.995 bbu, with yield seen at 183 bpa.

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