Corn Rises Toward June Highs

2025-12-08 15:48 By Felipe Alarcon 1 min. read

Corn futures climbed toward $4.40 per bushel, testing June highs last seen on November 13 amid fresh demand and tightening near-term supply.

On the demand side US exporters reported large new sales to Colombia and Mexico and overall commitments remain well above last season, US ethanol production climbed to record weekly rates at the end of November increasing feedstock use, and buyers in Brazil stepped up purchases to rebuild inventories ahead of year end.

On the supply side near-term availability was trimmed by logistical bottlenecks and slower shipments from Ukraine in November and by Brazilian sellers who are withholding lots as they focus on planting and crop development, while record US and global 2025/26 harvests limit how far prices can run.

Looking through the year the market now forecasts a meaningful tightening in 2026/27 as US corn area is expected to fall and yields normalize, a shift that turns expectations from abundant stocks to inventories declining next season.



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