Corn Futures PricesThu, Oct 27th, 2016
Latest Brugler Corn Report
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Corn futures are trading a couple cents higher after gains of 3 1/4 to 4 3/4 on Wednesday. The big impetus was a retreat in the US dollar index, offering some potential for improved export sales. US ethanol production slowed slightly last week, with EIA down 7,000 bpd to 991,000 bpd. Weekly EIA ethanol stocks jumped 877,000 barrels to 19.92 million after setting a multi-month low last week. Trade estimates for the USDA weekly export sales report due out this morning are running 850,000 MT to 1.2 million MT.
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