Core Tip: Foreign media reported on July 6th: As of the week of July 4th, 2025, global corn prices mostly rose, with Chicago corn futures rebounding from an eight-and-a-half-month low reached last week. This was primarily due to severe technical overselling, requiring a correction rebound, the U.S. House of Representatives passing the Large and Beautiful Act, boosting domestic ethanol industry corn demand prospects, and strengthening international crude oil and weakening U.S. dollar. However, improved U.S. corn crop conditions and the harvesting and marketing of Brazil's second-crop corn reflect abundant global corn supplies, constraining the upward momentum of corn prices.