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CBOT corn lower on spillover weakness, harvest pressure

ReutersOct 10, 2025 8:45 PM

- Chicago Board of Trade corn futures followed wheat lower on Friday, with harvest pressure from the U.S. Midwest also adding downward momentum to futures.

  • CBOT December corn CZ25 settled 5-1/4 cents lower at $4.13 per bushel.

  • In France, farmers had harvested 37% of the country's grain maize crop by October 6, up from 24% a week earlier, farm office FranceAgriMer said.

  • The government shutdown has also forced the Trump administration to delay planned aid for farmers affected by the loss of soybean export sales to China.

  • Corn had drawn some support earlier in the week from reports of U.S. harvest yields below the most recent U.S. Department of Agriculture forecast.

  • But with the USDA's latest monthly forecast postponed due to a partial government shutdown, traders were cautious about interpreting harvest reports.

  • Broadly favorable weather for Midwest harvesting and beneficial rain for planting in Brazil also curbed the markets.

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