Corn futures are trying to hold steady on Tuesday, with contracts steady to a penny lower in the nearbys, and deferreds fractionally higher. The CmdtyView national average Cash Corn price was down a penny at $3.86.
Export Inspections data showed corn shipments at 1.484 MMT (58.4 mbu) shipped in the week that ended on January 15. That was down 1.35% from the week prior, and 3.81% below the same week last year. Mexico was the top destination of 401,809 MT, with 252,324 MT to Colombia and 243,588 MT to Japan. Marketing year shipments have totaled 29.92 MMT (1.178 bbu), which is up 55.46% yr/yr.
