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Barchart
Barchart
Austin Schroeder

Corn Holds onto Gains to Start the Week

Export Inspections

Corn futures rounded out the Monday trade with contracts up 2 to 3 cents across most contracts, as futures firmed up into the close.   

Export Inspections data showed 1.6 MMT (62.99 mbu) of corn shipped in the week that ended on October 2, which was an increase of 3.94% from the week prior and 68.74% above the same week last year. Mexico was the top destination of 457,117 MT, with 231,859 MT to Japan and 207,861 MT to Spain. Marketing year shipments have totaled 6.709 MMT (264.11 mbu), 56.06% larger yr/yr.

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