Cbot corn futures traded slightly higher today

CBOT corn futures traded slightly higher today, with March 2024 contracts up 0.45% to $4.82 per bushel, as traders reacted to lower-than-expected U.S. stockpile data from USDA’s February report. Weather concerns in Brazil’s key growing regions are adding bullish sentiment, though volumes remain moderate compared to last week. While the futures are the route for the most direct exposure, the Teucrium Wheat ETF (WEAT) owns a portfolio of three liquid CBOT wheat futures, excluding the nearby contract, to minimize roll risks. If you're new to futures, the courses below can help you quickly understand the Corn market and start trading. USDA’s monthly supply-demand report hinted at possible upward revisions in feed grain use. If confirmed, CBOT corn futures might gain further traction as domestic consumption remains resilient despite macroeconomic uncertainty.