Corn Futures PricesTue, Mar 3rd, 2015
Latest Brugler Corn Report
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Corn futures are trading mostly 2-3 cents higher this morning after losses of 5-6 cents on Monday. The trade was not impressed by good export movement: The grain inspection report for the week ended Feb. 26 reported 1.280 MMT, up from under 907K metric tons the prior week and 1.057 MMT last year at this time. Sorghum exports also are holding up well, at two and a half times the amount last year. We continue to see heavy delivery notices against March futures, with no strong holders. There were 1,180 contracts put out overnight, with RCG clients again swapping most of them.
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