CBOT corn ends lower on ample world grain supplies

CHICAGO, Jan 15 (Reuters) - Chicago Board of Trade corn futures ended lower on Thursday, pressured by inter-market spreading against soybeans and reminders of plentiful U.S. and world grain supplies, analysts said.

• CBOT March corn CH26 settled down 1-3/4 cents at $4.20-1/4 per bushel.

• The International Grains Council raised its estimate of world corn production for the current 2025/26 season to 1.313 billion metric tons, up 15 million tons from its previous monthly estimate.

• Traders continue to digest Monday's larger-than-expected USDA estimates of U.S. 2025 corn production and December 1 quarterly stocks.

• Brazilian government agency Conab estimated the country's total 2025/26 corn production at 138.87 million metric tons, nearly unchanged from its month-ago view of 138.88 million.

• The U.S. Department of Agriculture reported net export sales of old-crop U.S. corn in the week to January 8 at 1,139,500 metric tons, in line with trade expectations for 600,000 to 1,400,000 tons. EXP/CORN

• Separately, under its daily reporting rules, the USDA confirmed private sales of 500,302 metric tons of corn to undisclosed destinations and 260,000 tons to Japan.