Corn Falling on Monday as Traders Come Back from Holiday

Corn futures are back down 2 to 3 cents across most contracts on Monday. There were 64 deliveries issued against December corn on Friday night. The CmdtyView national average Cash Corn price is back down today at $3.99 ¼. This morning’s Export Inspections report showed a total of 1.421 MMT (55.95 mbu) of corn shipped in the week of 11/27. That was 49.79% above the same week last year but a drop of 16.18% from last week’s total. Japan was the largest buyer of 431,700 MT, with 330,150 MT shipped to Mexico a ...