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Barchart
Austin Schroeder

FOUND: Corn reverting lower at monday s midday - You Need To See This

Oil CmdtyView United States

Corn futures are down 3 to 7 cents across most contracts, falling from the overnight highs. There were 241 deliveries issued against March corn on Friday night.  The CmdtyView national average Cash Corn price is down 6 1/2 cents to $4.12 3/4. Crude oil is up just $3.97 at midday and nearly $25 from the overnight highs. 

USDA’s FGIS tallied corn export shipments at 1.518 MMT (59.75 mbu) during the week ending on March 5. That was 18.4% below the week prior and 17.7% shy of the same week last year. Mexico was the top destination of 497,964 MT, with 243,022 MT headed to Japan and 203,726 MT to Colombia. Marketing year exports for 2025/26 are 41.21 MMT (1.622 bbu) since September 1, which is now 41.54% above the same period last year.

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