Corn Futures PricesThu, Sep 1st, 2016
Latest Brugler Corn Report
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Corn futures ended Wednesday mixed with September down 2 1/2 cents, and the March 2017 contract a 1/4 cent higher. December16 futures finished the month of August 27 1/4 cents lower. Weekly data from EIA showed ethanol stocks were up 100,000 barrels vs. a week earlier. Production was down from last week, but still unusually large at 1.023 million barrels per day. USDA said this morning through its daily reporting system that Mexico booked 275,000 MT of US corn for delivery in the new crop year. The DTN national average cash price was at $2.74 1/4 as of Tuesday night, its lowest reading since early December of 2008.
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