Grain futures delivered mixed results on Tuesday, March 24, 2026. May Corn futures settled 3 cents higher at 462'4, supported by export inspections of 1.7 million metric tons that matched market expectations. Chicago Wheat also gained, settling at 590'0 after export data exceeded the top end of estimates at 458,000 metric tons. Conversely, Soybeans faced pressure, with the May contract settling 8.5 cents lower. Traders are closely monitoring energy market correlations and geopolitical developments in the Middle East as proxies for risk, while noting that net short positions in corn remain near the highest levels since last summer.
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