Corn Futures PricesFri, Aug 22nd, 2014
Latest Brugler Corn Report
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Corn futures settled between 2 and 3 cents higher on the day. The Pro Farmer group issued a final yield estimate of 169.3 bpa. Heavy rains and high winds damaged some corn overnight, and severe thunderstorms are in the weekend forecast for several areas. Chinese corn prices for September futures on the Dalian exchange closed at the US equivalent of $10.62, about 76 cents higher than they were on July 1. Managed money accounts reduced their net long position in corn by 2,946 contracts during the week ending Tuesday, August 19. Their reported position is net long 64,719 contracts.
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