Market participants are closely watching export sales data due tomorrow, which could push prices toward the psychological $5.00 level if demand surprises on the upside. The quarterly chart highlights the long-term bullish trend despite the substantial decline from the 2022 high. Nearby soybean futures settled at $10.2425 per bushel on June 30, 2025. This weekly US export report from the world’s largest exporting country for corn offers insights into global demand. CBOT corn futures are reacting to mixed South American crop outlooks, with Brazilian dryness contrasted by Argentina’s favorable rainfall. Weather model divergence adds uncertainty, likely keeping futures in a choppy range until clearer production numbers emerge.