
Corn futures sank below $4.17 per bushel, hitting their lowest level since October 2025, as favourable weather conditions and a lack of renewed Chinese demand for US supplies weighed on prices. US exporters have been disappointed that no sizeable new corn purchases from China have been reported so far, despite political signals in mid-May that suggested larger Chinese agricultural imports. This shortfall in expected Chinese buying removes an important potential demand boost just as global export availability is set to rise. US corn planting is nearly complete, at about 93% as of late May, with weather conditions remaining supportive for early vegetative growth. Forecasts for above-normal rainfall across much of the US Midwest over the next two weeks are expected to support germination and crop development for recently planted corn. Meanwhile, higher crude oil prices amid rising tensions in the Middle East have offered some support, given corn’s role in biofuel production.
Profit
Everyone's racing to cut costs. We're racing to create profit.
Start Selling through Service
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




