Corn Rallying on Monday

Corn futures are up 7 to 10 cents across most contracts at midday. The CmdtyView national average Cash Corn price is up 7 ¾ cents to $3.90 ½. Export Inspections data showed 1.187 MMT (46.75 mbu) of corn shipped in the week that ended on October 23, which was a drop of 10.38% from the week prior but 38.11% above the same week last year. Mexico was the top destination of 366,473 MT, with 173,669 MT to South Korea. Marketing year shipments have totaled 10.533 MMT (414.68 mbu), a 57.83% increase yr/yr. More ...