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Corn futures closed mostly 6 cents lower on the day. Weather forecasts are favorable to a strong finish through the end of the month, promising more rapid harvest progress as the crop matures, but with some rain interruptions. CCC reported 3.2 million bushels of 2014 crop corn have now entered the 9 month loan program.USDA announced 375,936 MT of new crop corn was sold to Mexico and reported under the daily reporting system for sales above 100,000 MT.The weekly COT report from the CFTC showed managed money accounts adding a net 5,579 contracts to their net long position, bringing them to a net long position of 87,045 contracts.
Dec 14 Corn closed at $3.31 1/2, down 6 3/4 cents,
Mar 15 Corn closed at $3.44 1/4, down 6 1/2 cents,