Corn Futures PricesMon, Jan 26th, 2015
Latest Brugler Corn Report
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Corn futures are trading from 3 1/4 cents lower to 1 1/2 cents higher this morning. Corn was down marginally for the week and index funds and managed money both decreased their long positions in the CFTC report, by 6,570 and 7,593 contracts respectively. That left them long by slightly more than 218,800 and 197,018 contracts as of last Tuesday evening. The bull story for Friday was of course the weekly USDA Export sales total of 2.185 MMT (85 million bushels). That is the largest sales week of the marketing year.
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