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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

As of Tuesday, the Dec '26 Corn contract's settlement price had decreased for four days in a row, but that streak was broken Wednesday. It rose 03'0 (+0.67%) to 451'6. That lifted the results for the past month, but it is still down 71'2 (-13.6%).

The Mar '27 Corn contract's settlement price was also up, but not as much, increasing 02'2 (+0.49%) to 465'0. That caused the Dec '26-Mar '27 spread to increase from -14.00 to -13.25. The spread has narrowed significantly over the past 90 days, having stood at -16.00 on July 30th. Both were down over that time period, but Mar '27's settlement price was down more.

Implied volatility for the Dec '26 option expiry edged down from 16.92% to 16.90%. That puts it 4.08 pts lower than it was 90 days ago. 25 delta risk reversal dropped 0.49 to -0.02. It is now below zero for the first time in the past three months.

POWERED BY

SETTLEMENT PRICE 10/28/26

451'6

DAILY CHANGE

0.67%

ZCZ6

DAILY LOW

449'0

DAILY HIGH

454'6

ZCZ6

LAST YEAR VALUE

432'0

YEAR OVER YEAR CHANGE

4.57%

ZCZ5

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