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CBOT corn climbs, joining broad rally on hopes of US government reopening

ReutersNov 10, 2025 9:24 PM

- Chicago Board of Trade corn futures ended higher on Monday, following along with broad strength in grains, equities and crude oil as signs of progress in ending a U.S. government shutdown raised investors' risk appetite, traders said.

  • CBOT December corn CZ25 settled up 2-1/2 cents at $4.29-3/4 per bushel.

  • Traders were also positioning ahead of crop supply/demand reports due on Friday from the U.S. Department of Agriculture that will include the agency's first U.S. and global crop estimates since mid-September.

  • The USDA reported export inspections of U.S. corn in the latest week at 1,424,968 metric tons, in line with trade expectations for 1,000,000 to 2,300,000 tons. USDA/I

  • The U.S. harvest is seen as almost complete, with analysts surveyed by Reuters on average estimating the corn harvest as 92% finished. The USDA has not released its weekly U.S. crop progress report since late September.

  • In Brazil, planting of first-season corn was 72% complete, roughly in line with a year ago, consultancy AgRural said.

  • Brazil has received its first approvals to export sorghum and dried distillers grains (DDG) to China, the Brazilian Agriculture Ministry said.

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