Corn Futures PricesTue, Aug 4th, 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 closed the session 2 to 4 cents higher on Tuesday, helped by drier forecasts, and rising crude oil prices. Most contracts traded within a 6 cent range, but could not erase Monday losses. Colorado, Texas, and Wisconsin condition ratings dropped the most on a state by state basis, down 4, 5 and 6 points respectively. Several states improved by 2 points, including Minnesota, Missouri and Nebraska. A firm called Ag Resource projects the 2015 corn production at 13.463 bbu (USDA: 13.530 bbu) with an average yield of 166 bpa (USDA: 166.8). This was well above the Doane estimate of 163.3 bpa.
InsideFutures Grains News