Corn Pit Jul '10 (CN10)
Corn (Pit) Futures Market News and Commentary
Corn prices are down 1 to 3 ¼ cents as the market kicks of Tuesday trade. Futures posted gains of 5 ¼ to 6 ¾ cents at the Monday close. New buying interest was noted, up 36,880 contracts, mainly in the July (11,705) and December (15,990). There were 35 deliveries issued against May corn overnight. The CmdtyView national average Cash Corn price was 5 cents higher on the day to $4.44 ¾.Â
NASS Crop Progress data showed the US corn crop at 38% planted as of Sunday, which was 4% ahead of the 5-year average pace of 34% and is now matching the pace from last year. The crop was also 3% emerged, which is 4 percentage points faster than normal.Â
Export Inspections data showed corn at 2.028 MMT (79.84 mbu) shipped in the week that ended on April 30. That was up 22.41% from last week and 25.43% larger than the same week last year. Mexico was the top destination of 437,165 MT, with 313,658 MT to Japan and 302,990 MT to Colombia. Marketing year shipments have totaled 55.482 MMT (2.184... Read more
Barchart · Tue May 5, 7:29AM CDT
Corn prices are down 1 to 3 ¼ cents as the market kicks of Tuesday trade. Futures posted gains of 5 ¼ to 6 ¾ cents at the Monday close. New buying interest...
Barchart · Tue May 5, 7:29AM CDT
Soybeans are showing 4 to 5 cent losses so far on Tuesday AM trade. Futures posted gains on Monday, with most contracts up 9 ¼ to 19 ¾ cents. Open interest...
Barchart · Tue May 5, 7:29AM CDT
Wheat is trading with losses so far on Tuesday morning. The wheat complex closed with contracts mixed across the three markets. Chicago SRW futures saw...
Barchart · Mon May 4, 5:30PM CDT
Corn futures posted gains of 5 ¼ to 6 ¾ cents at the Monday close. The CmdtyView national average Cash Corn price was 5 cents higher on the day to $4.44...
Barchart · Mon May 4, 5:30PM CDT
Soybeans posted gains on Monday, with most contracts up 9 ¼ to 19 ¾ cents. The cmdtyView national average Cash Bean price was up 17 3/4 cents at $11.54...
Barchart · Mon May 4, 5:30PM CDT
The wheat complex closed with contracts mixed across the three markets. Chicago SRW futures saw gains of 3 ¼ to 6 ½ cents on the session. KC HRW futures...
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