Core Insight: According to foreign media on October 12, as of the week ending October 10, 2025, global corn prices have generally shown a downward trend, with Chicago corn falling for the fourth consecutive week, as the corn yield in the United States, which is currently being harvested, is expected to reach a historic high, the planting progress of the new crop in South America is proceeding smoothly, and the escalation of U.S.-China trade frictions is also putting pressure on the market. Although U.S. corn exports are still performing steadily, macroeconomic uncertainties are dominating market sentiment.