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 MarketCorn futures traded around $4.20 per bushel, staying close to a three-month low of $4.17 reached on January 13, as markets remained weighed down by oversupply concerns and sluggish demand. The USDA reported that farmers and grain companies held record corn inventories as of December 1, following a record 17 billion-bushel harvest, larger than previously estimated and up 14% from 2024 levels. Looking ahead, the USDA has raised its forecast for the US corn harvest in marketing year 2025/26 by 6.81 million tonnes to a record 432.34 million tonnes. The figure exceeds the previous 2023 record by 40 million tonnes and last year’s output by 54 million tonnes, adding further pressure to prices. While projected US corn consumption was also revised higher by 2.3 million tonnes to 334.5 million tonnes, driven by increased feed demand, analysts had not anticipated such a sharp rise, raising the likelihood that part of the additional supply will ultimately flow into ending stocks.
