Corn Futures PricesFri, Sep 30th, 2016
Latest Brugler Corn Report
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Corn futures are trading with most contracts 6 cents higher at midday after USDA had corn stocks in all positions at 1.737 bbu. That was about 17 mbu tighter than the average pre-report trade guess, but still 21 mbu looser than the estimate in the September 12 crop reports. Weekly export sales were lower than published trade expectations, however accumulated exports so far this marketing year are already more than 4 MMT, vs. only 2.45 MMT shipped by this week a year ago.
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