CBOT nearby corn contract ends higher on technical trading

CHICAGO, May 22 (Reuters) - Chicago Board of Trade's most-active July corn futures contract ended higher on Thursday on technical trading, while deferred contract months turned lower on a steadier U.S. dollar, weaker crude oil and generally favorable crop conditions, market analysts said.

• A stronger dollar makes U.S. supplies more expensive in export markets.

• CBOT July corn CN25 settled up 2 cents at $4.63 a bushel. The contract ended higher for a fourth session.

• The U.S. Department of Agriculture said exporters sold a net 1,190,800 metric tons of old-crop U.S. corn last week and 218,400 tons of new-crop corn, both down from a week earlier but in line with trade expectations. EXP/CORN

• The International Grains Council raised its forecast for 2025/26 global corn production by 3 million metric tons to 1.277 billion tons.

• Rain across much of the U.S. Midwest delayed planting and stoked concerns that total acreage could decline. But gains were limited as rains were seen boosting already planted crops, analysts said.