Corn Futures PricesThu, Apr 17th, 2014
Latest Brugler Corn Report
Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.
Corn futures settled 2 to 3 cents lower on the last trading day before the 3 day Easter weekend. Private exporters reported to the USDA sales of 125,000 MT of corn to South Korea for 2013/14. This was under the weekly report system. Export sales for the week ending April 10 were expected to come in between 500,000 – 900,000 MT. USDA put the actual figure at a neutral 794,500 MT (including 192,600 MT for 14/15). Total commitments as a % of total exports are now at 96% which compares to 89% last year and the 5 year average of 84%. The NWS 6-10 day forecast calls for much above normal temps and above normal precip in the Corn Belt next week. This was seen as allowing the pace of planting to pick up, although it will depend on the rainfall totals.
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.
Please wait while we connect to your Facebook account ...