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Corn Mar '19 (ZCH19)

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Corn Futures Market News and Commentary

Corn Market News and Commentary

Corn futures are trading fractionally higher this morning. They ended Monday with most contracts fractionally lower. The weekly USDA Export Inspections report showed corn exports in the week that ended on 12/13 at 855,060 MT. That was just 1% larger than last week but 38.97% above the same week last year. YTD 2018/19 shipments have totaled 15.991 MMT (629.55 mbu), which is 73.05% larger than last year. The US average corn basis is 4 cents stronger than year ago at this time, a function of the export program and projections for tighter year end stocks. USDA’s second round of MFP payments has been announced. It leaves the corn payout @ 1 cent/bu on the remaining 50% of production.--provided by Brugler Marketing & Management
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    Orders from Headquarters

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