Corn Fades Lower on Monday

Corn futures found weaker trade on Monday as traders were squaring up ahead of a Tuesday USDA report. Contracts were down fractionally to 2 cents. The CmdtyView national average Cash Corn price was down 1 1/4 cents at $3.98 1/4. Export Inspections data showed corn at 1.453 MT (57.2 mbu) shipped in the week that ended on December 4. That was a drop of 10.89% from the week prior but up 36% from same week last year. Mexico was the top destination of 520,691 MT, with 310,828 MT to Japan and 81,209 MT to Taiwa ...