Corn gapped lower at the Sunday night open but bulls were fighting back all night, and are holding onto 1 to 4 cent gains at midday. There were another 69 deliveries for July futures, which expire today. The front month CmdtyView national average Cash Corn price is up 2 cents at $3.84 1/4.
Export Inspections data showed 1.287 MMT (1.287 bbu) of corn shipped in the week that ended on July 10, which was down 17.7% from the week prior, but still up 17.06% from the same week last year. Mexico was the top destination of 332,337 MT, with 293,450 MT headed to Japan and 271,008 MT to Brazil. Marketing year shipments have totaled 57.806 MMT (2.276 bbu) since September 1, 29.54% larger yr/yr.
