March corn futures ticked higher to $4

March corn futures ticked higher to $4.50, supported by positive ethanol margins. With crude oil steady above $75 per barrel, biofuel-linked corn demand remains resilient, boosting pricing confidence among commercial hedgers. Farmers are already selling their lands and livestock. Holt worries for the future and feels the company he used to work for, retired from, and continued to support by working his farmland from dawn to dusk, no longer cares about its neighbors. Figure 3. Corn Basis, May Contract for Central Indiana March corn futures hit $4.53 intraday before retreating on profit-taking. Traders note that the $4.55–$4.57 window remains the next test for bulls, with moving averages providing supportive floor near $4.48.