Ruida Futures(SZ:002961) Jin Tou Wang·2025-07-18 08:53Group 1 - Corn futures experienced a slight upward movement, with the main contract reaching a high of 2316.00 yuan and closing at 2314.00 yuan, reflecting a 1.22% increase [1] - The USDA reported that as of July 13, 2025, the good-to-excellent rating for U.S. corn was 74%, matching market expectations and significantly higher than the previous year's 68% [2] - Domestic market conditions show a decline in auction transactions for imported corn, leading to lower market expectations and reduced purchasing enthusiasm from downstream enterprises [2] Group 2 - The South American corn harvest is creating phase pressure on the market, while the increase in U.S. corn planting area and favorable growing conditions are contributing to a positive yield outlook [3] - The domestic market is facing pressure from wheat substitution and ongoing auctions of imported corn, which are expected to keep short-term prices under pressure [3] - Recommendations for trading strategies include cautious holding of short positions and considering selling wide spread strategies or out-of-the-money call options [3]