Latest Brugler Corn Report
Corn futures are fractionally mixed at midday; seeing a little pressure from rapid harvest progress, a mostly dry forecast, and probably a little profit taking ahead of the weekend. Dec16 corn had a 1.4% gain so far on the week as of the Thursday close. Weekly USDA export sales were down 21% week/week. IGC hiked projected 2016/17 world corn production by 8 MMT from previous estimates, with half of that coming in the U.S. World corn ending stocks are seen at 221 MMT, up 6% from last year.
InsideFutures Grains News