Corn (P) Futures PricesMon, Sep 26th, 2016
Latest Brugler Corn (P) Report
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Corn futures are trading steady to slightly higher this morning after closing 6 3/4 to 7 1/2 cents lower on Monday. Weekly export inspections for corn were impressive at more than 1.335 MMT for the week ending Thursday September 22. That was 3% larger than the previous week, and nearly 65% larger than the total inspected during the same week a year earlier. Weekly data from NASS showed national crop condition ratings were unchanged vs. the previous week with a Brugler500 index of 385. NASS reports 73% of the crop is mature, ahead of the 64% average for this date. That leaves fewer acres than usual at risk to any potential freeze event.
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