Corn futures are down 6 to 7 cents on Monday, following holiday strength. The national average Cash Corn price is $4.00.

Export Inspections data shows 1.301 MMT of corn shipped in the week ending Christmas day. Mexico, Colombia, and Japan were top destinations. Marketing year shipments total 25.57 MMT, a 66.17% increase from last year.

EIA data for 12/19 is expected today.

Corn prices for Mar 26, Nearby Cash, May 26, and Jul 26 are all down between 6 1/4 to 6 3/4 cents.

Read more at Yahoo Finance: Corn Feeling Monday Pressure