Corn Pit Dec '19 (CZ19)
Corn (Pit) Futures Market News and Commentary
Corn futures were busy shrugging off the overnight losses, with contracts closing 6 to 8 ½ cents higher across most months. The CmdtyView national average Cash Corn price as up 9 3/4 cents at $4.20.
The weekly Crop Progress report showed 90% of the US corn crop silking by August 2, with 43% in the dough stage, 5 percentage points ahead of normal. The crop was also 6% dented. US condition ratings slipped another 2% at 61% in good to excellent condition, as the Brugler500 index were down 5 points to at 356.
Grain Crushing data from Monday showed 466.71 mbu of corn used for ethanol production in June, down 1.5% from last month and 4.43% larger yr/yr to a record June total. Marketing year production is now 76 mbu above last year at 4.595 bbu.
Monday morning’s Export Inspections report showed corn shipments of 1.885 MMT (74.2 mbu) in the week of 7/30. That was up 22.92% from the week prior and 45.44% above the same week last year. Mexico was the largest destination of... Read more
Barchart · Mon Aug 3, 4:59PM CDT
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Barchart · Mon Aug 3, 4:59PM CDT
Corn futures were busy shrugging off the overnight losses, with contracts closing 6 to 8 ½ cents higher across most months. The CmdtyView national average...
Barchart · Mon Aug 3, 4:59PM CDT
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Barchart · Mon Aug 3, 4:59PM CDT
Soybeans were busy firming into the close, as contracts settled 3 to 7 ½ cents higher, with nearby August down 3 ¼ cents. The cmdtyView national average...
Barchart · Mon Aug 3, 4:59PM CDT
Corn futures were busy shrugging off the overnight losses, with contracts closing 6 to 8 ½ cents higher across most months. The CmdtyView national average...
Barchart · Mon Aug 3, 4:59PM CDT
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