Before becoming board member, Corcoran served as the alternate board member for Alabama on the National Peanut Board for six years. Corcoran owns and operates Liikatchka Plantation in partnership with his wife Denise, brother Walt Corcoran, sister-in-law Kim Corcoran and nephew Liston Clark. He has owned and operated the farm since 1983. They produce runner peanuts in addition to cotton, soybeans, corn and wheat. They also have a cow/calf operation.
Outside of his farm, Corcoran is a member of several professional and agricultural organizations including the Alabama Farmers Federation and Barbour County Cattlemen. He was also 2011 President of the S.A.F.E. Board Calves sale. Corcoran is also an active member of the First Baptist Church in Eufaula. Corcoran and Denise have two sons, Joseph and Liston. In his free time, Corcoran enjoys Arkansas duck hunting, deer hunting and fishing.