On Monday, January 12th, the weekly export inspection report released by the US Department of Agriculture showed that as of the week ending January 8th, 2026, the inspection volume of US corn exports was 1,489,936 tons, with market expectations ranging from 900,000 to 1.575 million tons, and revised from the previous week to 1,321,461 tons.
According to a report from the US Department of Agriculture, as of the week ending January 8, 2026, the inspection volume of corn exports was 1,489,936 tons, higher than the previous week's 1,321,461 tons and close to the upper limit of market expectations (1.575 million tons), indicating strong export demand. This will support spot prices as expectations of tight supply increase. Based on futures data, the main corn contracts, such as 2603 closing price of 2,284 RMB/ton (up 12 RMB) and 2605 closing price of 2,277 RMB/ton (up 5 RMB), show a recent upward trend; The favorable export situation may further boost futures prices and strengthen bullish sentiment.
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