Corn Futures PricesTue, Oct 13th, 2015
Latest Brugler Corn Report
Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.
Corn futures traded 3 to 4 cents higher on Turnaround Tuesday, after losing around 2 cents on Monday. The (delayed) weekly USDA Crop Progress report showed the 18-state corn condition was steady with last week, pegged at a 375 on the Brugler500 Index (2014: 375). The crop is 94% mature as of Sunday night, three points ahead of the five year average. Harvest was just one point behind schedule, at 42% complete. That matched trade estimates. The USDA Export Inspections report this morning showed that 573,298 MT of corn was inspected for export during the week ending October 8, an increase of 22% from the previous week, but only 61% of year ago. The French Ag Ministry reduced its French corn production estimate by 0.4 MMT to 13.1 MMT. South Korea tendered for 207,000 MT of corn for March/April delivery.
InsideFutures Grains News