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Corn Jul '17 (ZCN17)

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Brugler report

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Tue Apr 25, 4:27PM CDT
Corn futures closed the day 4 to 6 1/4 cents higher on Tuesday. Moisture is expected in most of the Corn Belt this week, which is likely to be heavy enough to slow planting progress. The weekly EIA report will be released tomorrow morning at 9:30 a.m. CDT. Last week, production was increased 7,000 barrels per day to 993,000 bpd. Illinois planting progress had a 28% jump over the last week to 34% of the state’s crop planted, while Iowa was only 8% complete as of Sunday. Safras Mercado analysts estimate that 83% of the first Brazil corn crop is harvested, vs. 90.5% last year at this time. May 17 Corn settled at $3.65, up 5 3/4 cents, Jul 17 Corn settled at $3.71 3/4, up 6 1/4 cents, Sep 17 Corn settled at $3.78 3/4, up 6 1/4 cents Dec 17 Corn settled at $3.89, up 5 1/2 cents
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