Corn Futures PricesTue, Jun 28th, 2016
Latest Brugler Corn Report
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Corn futures are mostly at least a nickel higher thanks to a retreat in the US Dollar this morning. Export inspections during the week ending last Thursday reached 1.451 MMT, according to the weekly USDA report early Monday morning. Year to date inspections were 33.875 MMT, down just 5.7% from 2014/15. Weather forecasts were seen as benign, however. After the close, the USDA reported that 6% of the US corn crop had reached the silking stage, just 1 point ahead of the previous five year average. Our Brugler500 Index has the national corn condition rating steady from the previous week at 385. The score is still 6 points ahead of the initial 2016 rating, and 13 points better than the same week last year.
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.