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Barchart
Barchart
Austin Schroeder

Corn Holding Gains at Midday

Corn futures are trading with gains of 1 to 2 cents across most contracts on Monday’s midday. The CmdtyView national average Cash Corn price is up 1 1/2 cent at $3.71 1/2.

Export Inspections data showed 1.305 MMT (51.39 mbu) of corn shipped during the week that ended on August 21, up 24.12% from the week prior and 38.84% above the same week last year. Mexico was the top destination of 547,624 MT, with 390,300 MT to Japan. Marketing year shipments have totaled 65.526 MMT (2.528 bbu) since September 1, 28.23% larger yr/yr.

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