Corn Futures Steady to Higher on Tuesday; USDA Cuts Carryout

Corn futures traded steady to slightly higher on Tuesday, with the CommodityView national average cash price steady at $3.95 1/4. The average close for December futures in February was $4.58 as the base spring price for crop insurance is set. USDA's monthly WASDE update trimmed ending stocks by 100 mbu and projected carryout at 2.117 bbu, with the only change a 100 mbu increase in the export projection. World ending stocks stood at 288.98 MMT, down 1.93 MMT from January. Brazil's February corn exports are estimated at 953,217 MT, up 159,953 MT from the prior month. -Feb 10, 2026 Mar 26 Corn closed at $4.28 3/4, unchanged; Nearby Cash Corn at $3.95 1/4, no change; May 26 Corn closed at $4.37 1/4, up 1/4 cent; Jul 26 Corn closed at $4.44 3/4, up 1 cent;