CBOT December corn settled at 467.00 cents a bushel on Oct. 19, 2026, down 13.75 cents from Oct. 14, USDA market reports show. Central Illinois elevators averaged $4.37 cash, a lower input cost for corn tortilla and masa buyers.
Dec '26 settle, Oct. 19
467.00¢/bu (−7.25¢ on the day)
Dec '26 settle, Oct. 14
480.75¢/bu
Change, Oct. 14–19
−13.75¢ (about −2.9%)
Central Ill. cash, Oct. 19
$4.37/bu avg (30¢ under Dec)
Mar '27 settle, Oct. 19
480.50¢/bu
December corn extended its slide. The contract settled at 467.00 cents per bushel on Monday, Oct. 19, down 7.25 cents on the day, according to USDA Agricultural Marketing Service's Illinois Grain Bids report. It settled at 480.75 cents on Oct. 14, per USDA AMS's Oklahoma daily grain report, and at 474.25 cents on Oct. 16, a drop of 13.75 cents, or about 2.9%, in three sessions.
The board has now lost about 30 cents since Oct. 5, when Tortilla News last reported December corn at 497.25 cents ahead of USDA's October supply-and-demand report. Deferred contracts are lower too: March 2027 settled at 480.50 cents on Oct. 19.
Cash prices moved with the futures. Central Illinois country elevators averaged $4.37 a bushel on Oct. 19, about 30 cents under December futures, USDA AMS said. For tortilla, chip and masa buyers, this is a cost signal, not a forecast. Confirm settles on CME Group or USDA AMS before pricing contracts.
