CBOT December corn is trading under $5 per bushel as tortilla and masa buyers head into USDA’s October supply-and-demand report. Walsh Trading’s Oct 2 grains note said December ’26 corn settled at 497.75 cents per bushel, down 5 cents on the day, after trading as high as 502.25 and as low as 495 — a close below the 500-cent round number. Walsh flagged the coming Friday’s WASDE as a potential catalyst and pointed to support near 485–482 if the board softens further. Treat that support call as broker opinion, not a Tortilla News forecast.
A WSJ CBOT quote page cross-check shows December 2026 corn (CZ26) settlement at 497.25 cents on Oct 5, 2026, per WSJ market data, keeping the contract under $5 into the WASDE week. Intraday prints move; use exchange settles, not a single broker note, when updating after the report.
For wholesale plants and flour/masa procurement, the takeaway is calendar and level, not a hedge recommendation: yellow corn remains under $5 on the new-crop December board with WASDE due Oct 9. Read Walsh for the week-ending desk narrative (Walsh notes its material is a solicitation, not CFTC-defined research); confirm settles on CBOT/CME or a major quote vendor if the board gaps on report day.