Corn is taking back most of the Friday losses, as contracts are up 2 to 3 cents at midday on Monday. The CmdtyView national average Cash Corn price is up 2 ¼ cents so far at $3.89 ¼.
This morning’s Export Inspections report showed a total of 1.425 MT (56.09 mbu) of corn shipped in the week of 11/6. That was 16.77% below the week prior but 76.48% above the same week last year. Mexico was the largest buyer of 356,355 MT, with 245,302 MT shipped to Colombia and 169,675 MT to Taiwan. The marketing year total is now 13.725 MMT (540.34 mbu) of corn shipped, which is now 65.73% above the same period last year.
