Corn Futures PricesSun, Aug 2nd, 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 2-4 cents lower on Friday afternoon. On the weekly board, Sept 15 corn fell by 21 1/2 cents, a change of -5.8%. Dec corn is down 54 3/4 cents off the July 1 high. The weekly CFTC report tonight shows that managed money accounts reduced their net long position by 36,864 contracts as of Tuesday, to a new net long of 242,801 contracts. USDA reported under the daily system that 108,204 MT (72,136 MT for 15/16 delivery) of corn was sold to Mexico this morning. The remaining 36,068 MT are booked for 16/17 delivery. The International Grains Council increased its Chinese corn production estimates by 5 MMT to 225 MMT (USDA: 229 MMT).
InsideFutures Grains News