CBOT corn ends higher, led by soybeans, crude oil

CHICAGO, June 3 (Reuters) - Chicago Board of Trade corn futures ended modestly higher on Tuesday, rallying from multi-month lows hit early in the session as spillover strength from soybeans Sv1 and crude oil CLc1 offset pressure from favorable U.S. production prospects, traders said.

• CBOT July corn CN25 settled up 1/4 cent at $4.38-1/2 per bushel. The contract dipped to $4.34-1/4 in early moves, its lowest since Oct. 22.

• New-crop December corn CZ25 ended up 2-3/4 cents at $4.38-1/2 a bushel.

• The U.S. Department of Agriculture on Monday rated 69% of the U.S. corn crop in good to excellent condition, up 1 percentage point from the previous week. Planting was 93% complete, matching the five-year average pace.

• Corn Belt crop weather was generally favorable. Rains were crossing portions of eastern Kansas, Nebraska, Iowa, Minnesota and Wisconsin on Tuesday.

• Ukraine's 2025 grain harvest may decrease by 10% to around 51 million metric tons compared to 56.7 million tons in 2024, according to the most pessimistic estimates, the country's agriculture minister said. Ukraine is the world's fourth-largest corn exporter, according to USDA data.