Global feed market: Chicago corn futures rebound after halting decline, rising for the first time in five weeks

Published 2025년 10월 20일

Tridge summary

Core Insight: According to foreign media on October 19, as of the week ending October 17, 2025, global corn prices were mostly up, with benchmark Chicago corn futures rising over 2%, ending a four-week decline, mainly due to steady export demand, lower-than-expected corn yields in some U.S. production areas, and market expectations for positive developments from high-level U.S.-China talks.

Original content

On Friday (October 17), Chicago Board of Trade (CBOT) December corn futures closed at $4.225 per bushel, up 2.3% from the previous week; on Friday, the spot price for No. 2 yellow corn for November shipment in the U.S. Gulf was $5.015 per bushel, up 1.6% from the previous week. Euronext March corn closed at 185 euros per ton, down 0.3%. Argentine corn FOB prices were $203 per ton, up 1.5%. Brazil's B3 exchange corn futures were 65.53 reais per bag, up 0.5%. This week, international crude oil futures fell for the third consecutive week due to the International Energy Agency (IEA) predicting a global crude oil supply surplus and weak signals in the U.S. economy. U.S. President Trump and Russian President Putin agreed to meet again to discuss the Ukraine issue, which also put pressure on oil prices. December Brent crude futures, the global benchmark, were $61.29 per barrel, down 2.30% from the previous week. On Friday, the ICE U.S. Dollar Index closed at 98.192 points, down 0.55% ...

Source: Foodmate