Corn Rebounds from 1-Month Low

2025-10-16 14:53 By Felipe Alarcon 1 min. read

Corn futures rose to around $4.20 per bushel, rebounding from a one-month low of $4.11 on October 13th, as a tightening in the prompt physical balance offset expectations of a large overall crop.

Major hubs at the US Gulf ports have stepped up shipments to Mexico, Japan, South Korea and Colombia, suggesting export demand is now absorbing much of the recent farm deliveries.

Even so, the harvest continues to unload large volumes and reported yields remain broadly good, but delayed USDA export and stocks reports because of the government shutdown mean private export loadings are carrying extra weight in price discovery.

Meanwhile, harvest progress has been uneven with rains and field access issues slowing pickups in parts of the Western Corn Belt, and basis strength in deficit regions such as Texas indicates cash supplies are tightening.

Additionally, strong domestic offtake for ethanol blending and animal feed has increased demand for immediate delivery.



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