CBOT corn ends higher ahead of USDA supply-demand report

CHICAGO, March 10 (Reuters) - Chicago Board of Trade corn futures turned higher on Monday, as market participants adjusted their positions ahead of a global supply-and-demand government report, traders said.

• CBOT May corn CK25 settled up 2-3/4 cents at $4.72 a bushel.

• The most-active corn contract on a continuous basis Cv1 earlier in the session touched the highest price seen since February 28.

• Tariffs and inflation are expected to be the focus this week for commodity traders, as they look for policy changes while waiting for key inflation data mid-week, said Arlan Suderman, chief commodities economist at StoneX.

• Market players are waiting for the U.S. Department of Agriculture's monthly supply/demand report on Tuesday.

• While this report is typically a quiet one, traders said they will be keeping a close eye on how USDA adjusts its data to reflect trade policies in place when the forecasts for grains and soybeans are issued.

• U.S. exporters sold 126,000 metric tons of corn to Japan for delivery in the 2024/25 marketing year, the USDA reported on Monday.

• Trump has suspended the tariffs he imposed on most goods from Canada and Mexico. Mexico was the largest buyer of U.S. corn in 2024.