Corn Futures PricesFri, Oct 9th, 2015
Latest Brugler Corn Report
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Corn futures are currently trading a couple cents higher after settling around 4 cents lower on Thursday. The market focus is on positioning for the USDA reports at 11 am CDT. The weekly USDA Export Sales report showed net export sales of 466,600 MT during the week ending 10/1. Sales for the 15/16 crop declined by 30.5% from the previous week, and the 16/17 crop had net reductions of 53,050 MT. Current export commitments (sales and shipments) are only 72% of this time in 2014, leading a number of analysts to expect a USDA cut in projected exports.
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