Corn futures closed higher on Monday, with prices up 2 to 3 ¼ cents. The national average Cash Corn price rose 3 1/2 cents to $4.03 1/2. Export inspections report showed 1.744 MMT of corn shipped last week, up 8.68% from the previous week. USDA reported 1.479 MMT of corn booked in early December.

Analysts are expecting USDA to report between 0.9-1.8 MMT in corn sales for the week of 12/11. Corn prices closed at $4.47 for Mar 26, $4.03 1/2 for nearby cash, $4.54 1/2 for May 26, and $4.60 for Jul 26. The market remains active and prices are on the rise.

Read more at Yahoo Finance: Corn Starts the Holiday Week with Gains