Corn Futures PricesMon, Nov 24th, 2014
Latest Brugler Corn Report
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Corn futures are trading3 to 4 cents lower at midday. The weekly Export Inspections report this morning was neutral at 529,801 MT. That was up from 409,212 MT last week but down from 769,223 MT a year ago. Accumulated exports since September 1 are still 42 million bushels ahead of last year. USDA reported 116,000 MT of grain sorghum sold to “unknown” this morning in the daily reporting system. The weekly Commitment of Traders report from the CFTC showed managed money accounts adding 147 contracts to their net long position, which was reported at 186,954 contracts as of the Tuesday close.
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