US corn futures rallied sharply on Monday, with most 2026/2027 contracts gaining between 14½ and 21¼ cents, according to Detik Finance.

The CmdtyView national average Cash Corn price rebounded by 21¼ cents to $4.37½.

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Planting Progress Accelerates

The National Agricultural Statistics Service (NASS) reported that 76% of the domestic corn crop had been planted as of Sunday.

This pace is 6% ahead of the five-year average of 70%.

Additionally, 39% of the crop has emerged, which is two percentage points faster than normal.

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Export Data Shows Mixed Signals

Export inspections for the week ending May 14 totaled 1.379 million metric tons (54.28 million bushels).

This represents a 19.07% decline from the previous week and a 21.68% drop compared to the same week last year.

Japan was the top destination with 440,975 metric tons, followed by Mexico at 377,217 metric tons and Taiwan at 84,814 metric tons.

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Total shipments for the marketing year since September 1 reached 58.57 million metric tons, still 28.5% above last year's level.

China Trade Commitment Supports Outlook

The White House released a fact sheet on Sunday detailing recent US-China trade discussions.

It stated that China will purchase at least $17 billion per year of US agricultural products in 2026 (prorated), 2027, and 2028, in addition to soybean purchase commitments made in October 2025.

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This announcement provided additional support to corn futures amid the rapid planting progress.