Corn futures posted losses of 1 to 2 ¼ cents on Monday, fading back from the Friday gains. The CmdtyView national average Cash Corn price was down 2 1/4 cents at $3.91 1/4.
USDA’s FGIS tallied corn export shipments at 1.51 MMT (59.45 mbu) during the week ending on January 22. That was 1.63% larger than the week prior and 20.74% above the same week last year. Mexico was the top destination of 402,936 MT, with 265,122 MT headed to Japan and 210,763 MT to Spain. Marketing year exports for 2025/26 are 31.437 MMT (1.24 bbu) since September 1, which is now 53.35% larger than the same period last year.
