Corn Futures PricesTue, Oct 6th, 2015
Open Interest is for the previous day's trading session.
Latest Brugler Corn Report
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Corn futures are trading 3 cents lower at midday. The weekly EIA report showed ethanol production increased by 7,000 barrels per day to 950,000 barrels per day during the week ending Oct 2. Ethanol stocks were steady for the week at 18.8 million barrels, with 17,000 barrels imported to the East Coast region. US ethanol exports slowed to 50.1 mgal in August, but shipments YTD are up 6% from 2014. DDG exports were 1.279 MMT, 19% larger than in August 2014. DDG shipments YTD are up 3% from last year. A Bloomberg survey puts the average trade estimate for yield at 166.7 bpa, and the crop at 13.482 billion bushels. This would be down from 13.585 billion in September.
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