Although the corn market was able to break away from the day's lows on Monday, it still remained in the red at the end of trading. The December contract lost 2.25 US cents and landed at 421.75 US cents/bushel. The March futures contract fell by 2.50 US cents to 438.75 US cents/bushel.
The proportion of stocks in good/excellent fell by one point to 66 percent.
A major export deal to Mexico had a supporting effect: 320,068 tons of US corn were reported for the 2025/26 marketing season. At 1.33 million tons, weekly shipments were also up on the previous year, although they were down on the previous week. The most important buyers were Mexico, Japan and Colombia.
Internationally, AgRural from Brazil reported progress of 25 percent in the sowing of the first maize harvest in the Center-South.
On Euronext, November corn lost €1.75 to €187.75 per tonne.
