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Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Clear out junk files and repair common Windows errorsFree Scan →Scan for outdated or missing drivers - takes under a minuteDriver Scan →Successful Farming reported that March corn futures closed Monday, January 6, 2025, at $4.57¾ per bushel, up 7 cents from Friday. That is a futures-market quote, not a retail price for physical corn. A contemporaneous Ontario roundup reported a different close—$4.56, up 6 cents—so the exact figure should be attributed rather than treated as an independently verified exchange settlement.
What March corn was reported to close at
Successful Farming’s January 6 report put March corn futures at $4.57¾ per bushel, a 7-cent daily gain. Reuters, in coverage republished by Farmtario, also reported a 7-cent rise to $4.57¾ and said the contract reached its highest price since June 13. These are attributed reports of the session, not an official exchange settlement record.
There is a conflicting contemporaneous figure: CK News Today’s Ontario closing roundup listed March corn at $4.56, up 6 cents. The available reports do not resolve the difference, so the safest description is that Successful Farming and Reuters reported $4.57¾, while CK News Today reported $4.56.
Why corn futures moved higher
Contemporaneous market commentary linked the rebound to concern about drier weather in Argentina and firmer wheat prices. Successful Farming quoted the Grain Market Insider newsletter by Stewart-Peterson Inc. describing the move as a rebound supported by a drier Argentine forecast and stronger wheat, recovering part of Friday’s losses. Reuters coverage republished by Farmtario also cited Argentina weather concerns.
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Pro Farmer’s midmorning snapshot on January 6 said corn futures were mostly 6 to 8 cents higher and cited technical buying and a weaker U.S. dollar among the factors in the session. These were explanations and observations at the time; the reports do not establish that any single factor caused the close.
Before the session opened, StoneX chief commodities economist Arlan Suderman characterized Friday’s grain sell-off as harsh and said prices were rebounding, while noting the potential for fundamental surprises in Friday’s upcoming USDA reports. That was forward-looking commentary about the week of January 6, 2025, not a current report schedule.
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How the rest of the grain session compared
Successful Farming’s same-day report listed these nearby futures closes. Each change and price refers to the contract and market named; these are not interchangeable cash-market prices.
| Contract | Reported change | Reported close |
|---|---|---|
| CBOT March corn | Up 7¢ | $4.57¾ per bushel |
| CBOT March soybeans | Up 6¢ | $9.97¾ per bushel |
| CBOT March wheat | Up 11¼¢ | $5.40½ per bushel |
| Kansas City wheat | Up 14¼¢ | $5.53¼ per bushel |
| Minneapolis wheat | Up 14½¢ | $5.92¼ per bushel |
What the export-inspection figures showed
Pro Farmer reported that U.S. corn export inspections for the week ended January 2, 2025, totaled 847,463 metric tons, or 33.4 million bushels. That was 60,102 metric tons below the previous week and within Pro Farmer’s stated pre-report expectation range of 750,000 to 1.0 million metric tons. These figures describe that specific reporting week; they are not a measure of current trade or, by themselves, an explanation for the January 6 price change.
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Sources for the reported figures
- Successful Farming, January 6, 2025: March corn and other grain closes, commentary, and the USDA-report context.
- Pro Farmer, January 6, 2025: midmorning market snapshot and weekly corn export-inspection figures.
- Farmtario, republishing Reuters coverage: the reported corn move and Argentina weather concerns.
- CK News Today, January 6, 2025: the conflicting March corn close.
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