Corn futures are showing 4 to 7 cent losses so far on Monday, as the post-USDA repot weakness continues. The CmdtyView national average Cash Corn price is 7 lower cents at $4.28 1/2.
USDA’s Export Inspections report tallied corn export shipments at just 672,475 MT (26.47 mbu) during the week ending on October 15. That was down 48.81% from the week prior and 49.25% below the same week last year. Mexico was the top destination of 305,517 MT, with 205,468 MT headed to Colombia. Marketing year exports for 2026/27 are 9.131 MMT (359.5 mbu), which is now 2.29% below the same period last year.
