Latest Brugler Corn Report
Corn futures are mostly 3 to 4 cents lower at midday. The ProFarmer Tour began yesterday. The group estimated South Dakota corn yield at 149.78 bpa on the route taken. That was about 10 bpa below the 3 year average. The Ohio estimate was 148.96 bpa, and almost matching last year. NASS is 10 bpa higher than last year for Ohio, but their samples do cover a lot more of the state. USDA’s weekly crop condition update had the national crop improving by 1 point on our Brugler500 Index vs. last week. The Kentucky and Colorado ratings each slipped 6 points , but Michigan was 10 points higher than last week. Only about 15% of the US crop had yet to reach the dough stage as of Sunday.
InsideFutures Grains News