CBOT corn ends higher as traders monitor early US harvest results
CHICAGO, Sept 23 (Reuters) - Chicago Board of Trade corn futures closed stronger on Tuesday as traders said there were mixed reports on early yields from the U.S. harvest.
Traders said there were some reports that crop yields were coming in lower than expected, as farmers were harvesting their fields.
Traders were attempting to gauge the impact of crop diseases and late-summer dryness on the crop.
The U.S. Department of Agriculture has projected that farmers will produce a record U.S. corn crop this year and that domestic ending stocks will reach a seven-year high in 2025/26.
The agency said on Monday that 56% of the crop had matured by Sunday, below the five-year average of 59%. Harvesting was 11% complete, in line with the average, according to the USDA.
CBOT December corn CZ25 settled up 4-1/2 cents at $4.26-1/4 per bushel.
Related Articles
Micron Technology Q4 FY2025 Earnings Preview: Leveraging DRAM Strength and Accelerating HBM Growth
TradingKey - Micron Technology, Inc. (NASDAQ: MU) will report Q4 FY2025 results after the market close on Tuesday, September 23, 2025, with the webcasted conference call scheduled for 4:30 PM EDT. As a leading global supplier of memory chips, including DRAM, NAND flash, and advanced memory like...
Fed Rate Cuts: Will the Russell 2000 Outperform the S&P 500?
TradingKey - On 17 September, the Federal Reserve cut interest rates by 25 basis points, marking the official restart of the rate-cutting cycle. In theory, small-cap stocks, compared to large-cap stocks, benefit more from Fed rate cuts. This is because they are more reliant on external financing...
What Is Worldcoin? Why Did WLD Surge Suddenly, and What’s Next?
Worldcoin is evolving from a “hype token” into a foundational layer for global identity. Its fusion of biometrics, blockchain, and financial inclusion has earned growing recognition from users and institutions. If it can overcome technical hurdles, launch real-world payment use cases, and stabilize
Powell's Jackson Hole Speech: For U.S. Stocks, Hawk or Dove Signal Could Be a Lose-Lose?
TradingKey - As U.S. inflation and labor market data show signs of rebalancing, Treasury traders and Wall Street banks have largely priced in a rate cut at the September FOMC meeting — the first of 2025. Yet both a more dovish-than-expected tone and a potential surprise hawkish signal from Fed Chair
ASML Q2 FY2025 Earnings Review: Strong Growth and High-NA EUV Breakthrough Shadowed by 2026 Uncertainty
ASML Holding N.V. (NASDAQ: ASML) released its Q2 FY2025 earnings on July 16, 2025, exceeding market expectations with robust net sales and net bookings, though the stock fell around 10% due to cautious guidance for 2026 amid geopolitical uncertainties.
