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Short covering, bargain buying lift CBOT corn from contract lows

ReutersJul 14, 2025 6:46 PM

- Chicago Board of Trade corn futures finished higher on Monday as short covering and bargain buying lifted the market from contract lows, traders said.

  • Favorable U.S. crop weather and expectations for a large harvest limited gains.

  • The U.S. Department of Agriculture is expected to hold its rating of the nation's corn crop steady near a historical high in a weekly report due at 3 p.m. CDT (2000 GMT).

  • The United States appears well on its way to a record corn crop, though the top exporter is not completely immune to yield barriers from here.

  • Traders also monitored U.S. President Donald Trump's escalating tariff threats.

  • New-crop CBOT December corn CZ25 ended up 5-3/4 cents at $4.18 a bushel.

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