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 dropped to $4.4 per bushel, the lowest since March 9, and are on track for a fourth straight weekly loss as ample global supplies weigh on the market. The USDA kept its forecast for US corn inventories unchanged at 2.127 billion bushels, just below expectations of 2.128 billion but still the highest in seven years. The agency also lifted its season-average farm price by 5 cents to $4.15 per bushel, citing “reported prices to date.” Globally, the USDA left South American production forecasts untouched, maintaining Brazilian output at 5.197 billion bushels and Argentine production at 2.047 billion bushels, defying expectations of modest increases. Global ending stocks rose to 294.81 million metric tons, up from 292.75 MMT in March and above the trade’s average estimate of 293.07 MMT.
