Corn price action is up 1 to 2 cents in the front months on Tuesday morning. Futures settled the Monday session with contracts down 1 to 2 cents at the close. Open interest was up 5,170 contracts on Monday, as the roll out of March continues, down 30,801 contracts. The CmdtyView national average Cash Corn price was down 1 1/2 cents at $3.95 1/4. Export Inspections data showed corn shipments at 1.308 MMT (51.49 mbu) shipped in the week that ended on February 5. That was up 14.01% from the week prior, but ...

Group 1 - Corn prices showed slight increases on Tuesday, with futures experiencing weaker trade on Monday ahead of a USDA report, resulting in a fractional decline of up to 2 cents [1] - Preliminary open interest decreased by 2,257 contracts, while the national average cash corn price fell by 1.25 cents to $3.98 1/4 [1] Group 2 - Export inspections data indicated that 1.453 million metric tons (MT) of corn were shipped in the week ending December 4, marking a 10.89% decrease from the previous week but a 36% increase year-over-year [2] - Mexico was the leading destination for corn exports, receiving 520,691 MT, followed by Japan with 310,828 MT and Taiwan with 81,209 MT [2] - Total marketing year shipments reached 20.63 million metric tons (MMT), reflecting a 69.36% year-over-year increase [2] Group 3 - The USDA's catchup report for export sales revealed that only 979,525 MT of corn were sold in the week ending November 6, which is the lowest for the marketing year [3] - Analysts expect the upcoming WASDE report to show U.S. corn ending stocks at 2.145 billion bushels, a decrease of 9 million bushels from the previous report [3] - A South Korean importer purchased 132,000 MT of corn in a recent tender, although the origin of the corn was not disclosed [3] Group 4 - As of December 25, corn futures closed at $4.36 1/4, down 0.5 cents, while nearby cash prices were at $3.98 1/4, down 1.25 cents [4] - March 2026 corn futures closed at $4.43 3/4, down 1 cent, and May 2026 futures closed at $4.51 1/4, also down 1 cent [4]

Price Action and Futures - Corn prices are steady to 1 ¼ cents higher on Tuesday, with futures showing a slight decline of 2 to 3 cents in the nearby contracts on Monday [1] - Preliminary open interest decreased by 8,707 contracts on Monday, primarily in the front two contracts [1] - The CmdtyView national average Cash Corn price has fallen to $3.99 [1] Export Inspections and Sales - The Export Inspections report indicated a total of 1.421 MMT (55.95 million bushels) of corn shipped in the week of 11/27, which is 49.79% higher than the same week last year but a decrease of 16.18% from the previous week [2] - Japan was the largest buyer, importing 431,700 MT, followed by Mexico with 330,150 MT and Colombia with 187,948 MT [2] - The total corn shipped for the marketing year now stands at 18.97 MMT (746.7 million bushels), representing a 70.69% increase compared to the same period last year [2] Export Sales Data - Export Sales data for the week ending on 10/23 showed a decline to 1.8 MMT, which is 36% lower than the previous week [3] - Accumulated sales, including both shipped and unshipped, are now 37% above last year at 35.37 MMT [3] - Specific closing prices for corn futures include Dec 25 at $4.32 3/4 (down 2 3/4 cents), Mar 26 at $4.45 (down 2 3/4 cents), and May 26 at $4.53 1/4 (down 2 1/2 cents) [3]