Corn futures are experiencing fractional to penny losses on Tuesday, with the CmdtyView national average Cash Corn price reported at $3.90 1/4, down by one cent. Additionally, the USDA announced a private export sale of 110,000 metric tons (MT) of corn and 306,000 MT of sorghum to unknown destinations.
In Brazil, the ANEC has projected January corn exports to total 3.39 million metric tons (MMT), a decrease of 0.06 MMT from last week and lower than the 3.59 MMT recorded in the same month last year. Current futures figures include Mar 26 Corn at $4.27 1/4 (down 1 cent), May 26 Corn at $4.35 1/2 (down 1/2 cent), and Jul 26 Corn at $4.41 1/2 (down 1/2 cent).
