CBOT corn ends flat to firmer after monthly USDA report

CHICAGO, Feb 10 (Reuters) - Chicago Board of Trade corn futures ended steady to fractionally higher on Tuesday as bullish data in the U.S. Department of Agriculture's monthly supply-demand report offset pressure from ample world supplies, traders said.

• CBOT March corn CH26 settled unchanged at $4.28-3/4 per bushel while May corn CK26 ended up 1/4 cent at $4.37-1/4 a bushel.

• The USDA raised its estimate of U.S. corn exports in the current 2025/26 marketing year by 100 million bushels and cut its forecast of 2025/26 corn ending stocks by the same amount. WASDE06

• The USDA's revised U.S. corn ending stocks forecast, at 2.127 billion bushels, was below the average estimate among analysts surveyed by Reuters of 2.227 billion.

• The USDA also pared its forecast of world corn ending stocks to 288.98 million metric tons, down from 290.91 million last month and below the average analyst estimate of 290.48 million.

• The USDA left its estimates of 2025/26 corn production in Brazil and Argentina unchanged from last month, at 131 million and 53 million tons, respectively.

• CBOT's most-active March corn contract CH26 matched its session high of $4.31 after USDA's report was released but then pared gains. The contract stayed below a four-week high set on Friday at $4.36 a bushel.