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Corn Dec '17 (ZCZ17)

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Brugler report

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Mon Oct 16, 4:55PM CDT
Corn futures ended the Monday session with losses of 2 to 3 cents. The USDA Export Inspections report showed exports for the week of October 12 well below a year ago at just 12.7 mbu, and lagging the previous week by 44.59%. Export shipments for the marketing YTD are now just half of the total for the same date in 2017 at 153.7 mbu. This afternoon’s USDA Crop Progress report indicated that just 28% of the US corn crop was harvested as of October 15, a move of just 6% over last week. The 5-year average for this week sits at 47%. Condition ratings gained 1 point on the Brugler500 to 366. Dec 17 Corn closed at $3.50 1/2, down 2 1/4 cents, Mar 18 Corn closed at $3.64 1/4, down 2 1/4 cents, May 18 Corn closed at $3.72 3/4, down 2 1/2 cents Jul 18 Corn closed at $3.79 3/4, down 2 3/4 cents
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