Corn Futures PricesFri, Dec 13th, 2013
Latest Brugler Corn Report
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Corn futures closed 3 to 5.25 cents lower today. The US dollar was sharply higher today, finishing the day at the highest level in more than a week. Weekly export sales reported this morning were near the high end of the range of pre-report expectations at 695,400 MT. Mexico, Japan and China all booked sales during this period. This morning, private exporters reported to the USDA export sales of 120,000 MT of Corn to an unknown destination (for the second day in a row). Total commitments for the 2013/14 marketing year are currently at 72% of the USDA estimate for total exports this year; the five year average for this week is only 52%.
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