Corn Futures Decline on Monday Amid Export Sales

Reported 2 days ago

Corn futures experienced losses on Monday with prices dropping 4 to 5 cents across most contracts. The national average cash price for corn decreased by 4 ¼ cents to $3.75 1/4, despite a reported export sale of 320,068 MT to Mexico. USDA data showed an increase in corn export shipments year-over-year, though there was a decline compared to the prior week. Additionally, Brazil's corn planting is progressing, with 25% complete in the Center-South region.

Source: YAHOO

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