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CME Market Pulse

All written summaries are sourced from CME data and infoSentience utilizing non‐probabilistic software, which uses a third party service, Trading Economics to source report estimates/results. This does not involve any machine learning or LLM‐type Generative AI to create content.

Corn
Corn (ZC)

Today's Snapshot

The Dec '26 Corn contract's settlement price inched down from 529'0 Wednesday to 527'4 Thursday. The trading range was very tight, with only 05'2 separating the daily high and daily low. This is the smallest it has been in the past three months.

All but one product (the Dec '26 Soybean Meal contract) was down within Benchmark Grain and Oilseed front months. Dropping from 67.81 to 67.55 (-0.38%), the Dec '26 Soybean Oil contract saw the biggest settlement price decrease.

Implied volatility for the Nov '26 option expiry declined 0.28 pts to 23.48%. Over the past five days of trading, it is now up 1.09%. Both the option strike with the most opened positions (the 480'0 strike) and the strike with the most closed positions (the 600'0 strike) were in the wings. The 480'0 strike saw 2,209 contracts opened on volume of 2,794. Meanwhile, OI for the 600'0 strike decreased from 49,126 to 48,626 on volume of 619.

POWERED BY

SETTLEMENT PRICE 09/24/26

527'4

DAILY CHANGE

-0.28%

ZCZ6

DAILY LOW

525'4

DAILY HIGH

530'6

ZCZ6

LAST YEAR VALUE

424'2

YEAR OVER YEAR CHANGE

24.34%

ZCZ5

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