“CU ended near 4.01. CU tested the 20-day moving average. Some look for CZ to test 3.40 as harvest low as long as US Midwest weather remains favorable. Trade will be watching U.S. tariffs especially EU and China closely. USDA estimated world 24/25 corn crop at 1,225 mmt vs 1,230 ly. World domestic feed use is estimated at 784 mmt vs 770 last year. Exports are estimated at 192 mmt vs 192 ly. This leaves end stocks at 284 mmt vs 315 ly. USDA estimated World 25/26 corn crop at 1,265 mmt. World domestic feed use is estimated at 801 mmt. Exports are estimated at 195 mmt. This leaves end stocks at 272 mmt. Weekly U.S. old crop export sales were 643 mt. Total commit is 70.1 mmt vs 55.0 ly. USDA announced 135 mt U.S. 25/26 corn to South Korea, 200 mt U.S. 25/56 corn to unknown and 84 mt U.S. 24/25 corn also to unknown,” reported Steve Freed with ADM Investor Services.