Corn Futures PricesMon, Mar 10th, 2014
Latest Brugler Corn Report
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Corn futures are trading 9 to 11 cents lower at midday. Weekly export inspections were reported at 933,974 MT, which is 123,139 MT less than last week and 564,539 MT more than the same period last year. The average trade guess for US corn ending stocks in the USDA WASDE report was 1.488 billion bushels. USDA cut the actual figure to 1,456 Mb with a 25 million bushel increase in exports. USDA pegged the Argentina figure at 24.0 MMT and the Brazilian figure at 70.0 MMT (both unchanged from Feb). Preliminary OI was up 757 contracts on Friday, a little net new selling. There were 0 deliveries put out against the Mar 14 contract on Friday and the MTD total stands at 824 contracts.
InsideFutures Grains News
Traditionally, trading of corn futures reaches a peak during the summer months, with corn prices affected by weather and plant-times. Buying and selling corn futures can insure traders against negative fluctuations in corn prices. Our tables are updated frequently to show the current corn quotes and corn futures prices.
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