Corn Futures PricesFri, Oct 24th, 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 are trading more than 5 cents lower at midday. They reached as high as $3.65 earlier this morning. That is more than 46 cents above the low posted on the first day of this month. We suspect some traders took profits off the table at the end of a relatively solid week for the corn market. Private exporters reported to the USDA an export sale of 101,600 MT to unknown destinations this morning. Weekly export sales came in toward the higher end of expectations on Thursday at 1,031,200 MT. Brazilian ethanol imports are expected to double this year vs. last year, with the US capturing the majority of the business.
InsideFutures Grains News