Corn Futures PricesTue, Jun 30th, 2015
Latest Brugler Corn Report
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Corn futures finished the session limit-up in the July and September contracts. Dec15 futures hit $4.32 1/4. The quarterly reports released at 11AM CDT had June 1 stocks in all positions about 215 mbu smaller than the average pre-report guess from the trade. MAM disappearance was 3.3 bbu, up 4.4% from a year earlier. The new crop corn acreage figure was the lowest since 2010, coming in at 88.897 million acres, down about 302K from the March 31 intentions, and below the average pre-report trade estimate. Smaller than expected stocks and smaller than expected acreage, combined with declining crop condition ratings to give the bulls encouragement to run.
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.