Corn Futures PricesFri, Sep 30th, 2016
Latest Brugler Corn Report
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Corn futures settled Friday trade more than 7 cents higher, notching out a slight gain for the week. The December contract ended September with a 21 1/4 cent gain on the month. USDA had corn stocks in all positions at 1.737 bbu in its quarterly report published on Friday morning. That was about 17 mbu tighter than the average pre-report trade guess, but still 21 mbu looser than the estimate from the September 12 crop reports. Weekly data from the CFTC in the Commitment of Traders report showed managed money with a larger net short position than they had the previous week.
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