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Re:

March Corn Futures Slip One Cent on Nov. 22, 2024, but Finish the Week Unchanged

March 2025 corn futures settled at $4.35¼ per bushel on Nov. 22, 2024—one cent lower for the day and unchanged from a week earlier.
From TheFinanceBase Team1 min to read
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March 2025 corn futures settled at $4.35¼ per bushel on Friday, November 22, 2024, down one cent for the session and unchanged from a week earlier. That is a historical futures settlement—not a current quote or a local cash price for physical corn.

What March corn futures did on Nov. 22, 2024

Successful Farming reported the March 2025 contract at $4.35¼ per bushel at the close, one cent lower on the day and unchanged week over week. Pro Farmer’s same-day recap independently reported the same settlement and weekly comparison, adding that the contract finished nearer the week’s lows.

These figures describe two different time comparisons: the contract lost one cent from the prior session, while its value was unchanged compared with a week earlier. The Agriculture.com report was published at 3:41 p.m. CT on November 22, 2024, so the quote and commentary are specific to that historical session.

Why the session was described as lackluster

Karl Setzer, partner at Consus Ag Consulting, characterized the trading as consolidation and position squaring ahead of the weekend and holiday trading patterns. He said, “Consolidation would be the best word to describe today’s session as most activity was simple position squaring,” according to Successful Farming’s report.

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The report also cited a lack of fresh news, outside markets and geopolitical developments as context for choppy trading. These are the report’s attributed interpretation of that session, not independently established causes of the one-cent decline.

What the $4.35¼ settlement means—and what it does not

The quoted figure is the March 2025 corn futures settlement per bushel, not an offer to buy or sell physical corn in a particular location. Local cash bids can differ from futures prices. CME Group explains that daily settlements reflect fair market value determined by buyers and sellers during the settlement period or “close.” See CME Group’s explanation of grain pricing.

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The historical close and weekly comparison were reported by Successful Farming and corroborated by Pro Farmer. The available reporting does not establish a direct CME historical settlement record for this exact contract and date.

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