Global feed market: Corn continues to fluctuate, awaiting a new market catalyst to break the deadlock.

Published 2025년 11월 24일

Tridge summary

Core tip: According to foreign media on November 23, as of the week of November 21, 2025, global corn prices mostly declined, mainly correcting the previous upward trend. As the U.S. corn harvest nears its end, market focus is gradually shifting from the prospects of the U.S. harvest to the progress of South American planting and U.S. corn demand.

Original content

On Friday (November 21), Chicago Board of Trade (CBOT) March corn futures closed at $4.375 per bushel, down 1.46% from a week earlier; spot prices for No. 2 yellow corn for December shipment in the U.S. Gulf were $5.085 per bushel, down 1.41%. Euronext March corn closed at €188.25 per ton, down 0.66%. Argentine corn FOB prices were $207 per ton, unchanged. Brazil's B3 corn futures closed at R$67.67 per bag, up 0.22%. This week, international crude oil prices fell, with global benchmark January Brent crude futures at $62.56 per barrel, down 2.84%. The ICE U.S. Dollar Index closed at 100.113 points, up 0.92% from a week earlier. From the supply side, U.S. corn harvest is nearing completion. U.S. Department of Agriculture data showed that as of November 16, corn harvest was 91% complete, slightly below expectations and below the historical average. Dry weather in the northern and western parts of the U.S. Midwest has favored the remaining corn harvest. In South America, Brazil's ...
Source: Foodmate

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