Global feed market: Good demand prospects drive up U.S. corn prices

Published 2025년 12월 1일

Tridge summary

Core tip: According to foreign media on November 30, as of the week ending November 28, 2025, global corn prices have mostly risen, with Chicago corn futures climbing to a multi-month high, mainly supported by a generally bullish atmosphere in the global market and unexpectedly strong U.S. corn export sales data. In the coming week, the focus of the feed market will center on factors such as U.S. export demand, South American weather, and the progress of U.S.-China trade relations.

Original content

On Friday (November 28), Chicago Board of Trade (CBOT) March corn futures closed at $4.4775 per bushel, up 2.3% from the previous week; U.S. Gulf December shipment corn was priced at $5.1575 per bushel, up 1.4%. Euronext March corn closed at €187.50 per ton, down 0.4%. Argentine corn upper river FOB price was $214 per ton, up 3.4%. Brazil B3 exchange corn futures were priced at R$68.76 per bag, up 1.6%. This week, international oil prices rose, with the global benchmark January Brent crude futures at $63.20 per barrel, up 1.0% from the previous week. The ICE U.S. Dollar Index closed at 99.408 points, down 0.70% from the previous week. Favorable external macro environment prompts speculative funds to cover short positions At the beginning of the week, Chicago corn futures fell slightly, mainly due to the approaching delivery of the December contract and the thin trading before Thanksgiving. However, as trading progressed through the week, corn futures rebounded. The net short ...

Source: Foodmate