CBOT corn falls, hovering at multi-month lows as harvest advances

By Reuters News19:14 (UTC), 27 October 2026 Updated

CHICAGO, Oct 27 (Reuters) - Chicago Board of Trade corn futures fell on Tuesday, hovering at multi-month lows, as US farmers scrambled to harvest their crops and funds continued to liquidate their positions, analysts said.

CBOT December corn settled 6-1/4 cents lower at $4.48-3/4 a bushel.
Earlier in the session, the most-active corn contract on a continuous basis touched $4.48-1/2 a bushel, the lowest since July 10.
Traders said they continued to be worried that currency pressures will weigh on US export demand for grains.
On Tuesday the US dollar firmed against the euro, yen and pound, as traders braced for a barrage of central bank meetings that will shape the interest rate outlook, as well as corporate earnings that could ripple across markets.
A stronger US dollar can pressure demand by making US supplies more expensive for overseas buyers and reducing export competitiveness.
The US corn harvest was 60% complete as of Sunday, the US Department of Agriculture said in a weekly progress report on Monday afternoon, ahead of the average estimate in a Reuters poll of 10 analysts.
The USDA also rated 56% of the US corn crop in good-to-excellent condition, unchanged from last week and matching the average analyst estimate.