Corn (P) Futures PricesTue, Dec 10th, 2013
Latest Brugler Corn (P) Report
Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.
Corn futures closed 1 to 2 cents lower on the day. The March 14 contract traded in a 10 cent range on the day and finished at $4.36. The USDA released its most recent Supply/Demand figures this morning. The average trade estimate called for US ending stocks (13/14) of 1.864 bbu, which was lower than the November figure of 1.887 bbu. USDA put the actual figure at 1.792 bbu. US ethanol use and exports were increased. World ending stocks were estimated at 164.17 MMT, slightly lower than the November figure of 164.33 MMT. USDA put the actual figure at 162.46 MMT.
InsideFutures Grains News