The US Department of Agriculture's Export Inspection Weekly report shows that the inspection volume of US corn exports increased by 9% last week compared to a week ago, and increased by 52% year-on-year. As of the week of December 18, 2025, the inspection volume of US corn exports was 1,744,088 tons, compared to the revised 1,604,831 tons last week and 1,146,871 tons in the same period last year.

The inspection volume of US corn exports increased by 52% year-on-year to 1,744,088 tons, with a weekly increase of 9%, indicating strong international demand that may reduce supply pressure and benefit spot prices. Based on corn futures data (such as the closing price of the main contract 2605 at 2,225 RMB/ton), export growth supports the fundamentals, and it is expected that futures prices will be boosted and rise. Although contracts have shown a slight decline recently, demand growth may drive future contract increases.

As a downstream product of corn, the growth of corn exports has pushed up the cost of corn, which may be transmitted to the increase in production costs of corn starch, benefiting spot prices. However, it is necessary to pay attention to changes in downstream demand, as the impact is relatively indirect and prices are expected to rise moderately.

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