Corn Pit Dec '13 (CZ13)
Corn (Pit) Futures Market News and Commentary
Corn futures are showing 1 to 2 cent gains in the front months on Tuesday. The CmdtyView national average Cash Corn price is up 2 1/4 cents at $3.87 3/4.Â
USDA reported a private export sale of 120,000 MT of old crop corn to unknown destinations this morning.Â
NASS Crop Progress data from Monday showed 97% of the US corn crop planted by June 7, with emergence at 86%, near the 5-year average. US condition ratings were 67% in good to excellent condition, steady with the previous week. The Brugler500 index was up 1 point on higher excellent ratings to 372.Â
A South Korean importer purchased 134,000 MT of corn in a tender overnight.
Jul 26 Corn is at $4.20 3/4, up 2 cents,
Nearby Cash is at $3.87 3/4, up 2 1/4 cents,
Sep 26 Corn is at $4.28 3/4, up 1 1/4 cents,
Dec 26 Corn is at $4.47 1/4, up 1 1/4 cents,
New Crop Cash is at $4.02 3/4, up 1 1/4 cents,
On the date of publication, Austin Schroeder did not have (eit... Read more
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