S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Corn futures held around $4.1 per bushel, struggling to sustain their rebound from eight-month lows as weaker crude oil prices and a firmer US dollar continued to weigh on prices, while hot US weather raised crop concerns. The National Weather Service forecast temperatures nearing 100 degrees Fahrenheit this weekend, extending as far north as the upper Midwest and as far east as the Carolinas. These elevated temperatures are expected to stretch from the Plains to the Atlantic Coast through July 4. Elsewhere, Brazil raised its estimate for the country’s 2025/26 second corn crop by 3.4%, although the forecast remained below the previous season’s record harvest after adverse weather limited potential. Meanwhile, lower crude oil prices continued to pressure corn as improved shipping through the Strait of Hormuz boosted expectations of stronger global oil supply. A stronger US dollar also weighed amid mounting bets on US rate hikes this year, making US supplies less competitive overseas.
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