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Barchart
Barchart
Austin Schroeder

Corn Posting Midday Gains on Monday

CmdtyView Export Inspections

Corn futures are trading with 4 to 5 ¼ cent gains at Monday’s Midday. There were 311 deliveries issued against May futures on Friday evening. The CmdtyView national average Cash Corn price is 4 3/4 cents higher on the day to $4.44 ¾. 

Export Inspections data showed corn at 2.028 MMT (79.84 mbu) shipped in the week that ended on April 30. That was up 22.41% from last week and 25.43% larger than the same week last year. Mexico was the top destination of 437,165 MT, with 313,658 MT to Japan and 302,990 MT to Colombia. Marketing year shipments have totaled 55.482 MMT (2.184 bbu), which is up 30.47% yr/yr.

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