Corn prices fell by 1 to 1.5 cents on Tuesday morning, following a weak performance on Monday with contracts down 1 to 2 cents. The CmdtyView national average cash corn price is now $3.95, down one cent from the previous session. Open interest increased by 8,625 contracts on Monday.
For the week ending December 11, USDA reported corn export shipments at 1.589 million metric tons (MMT), a decrease of 9.07% from the prior week but up 37.25% year-over-year. Key destinations included Mexico (488,231 MT), Japan (301,240 MT), and Spain (219,729 MT). Year-to-date exports for the 2025/26 season total 22.501 MMT, representing a 68.74% increase compared to last year.
Furthermore, export sales for the week of November 20 were tallied at 1.84 MMT, reflecting a drop from the prior week but still 73.4% larger than the same week last year. As of November 25, managed money returned to a net short position of 10,872 contracts after a shift of 48,999 contracts.
