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Corn Jul '12 (ZCN12)

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Brugler report

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22 minutes ago
Corn futures are currently 1 to 2 cents lower on Thursday. This morning’s USDA Export Sales report showed old crop sales of 1.092 MMT during the week of 4/12, on the high side of expectations. That was a 29.97% jump from the previous week and 47.92% larger than last year. The lead buyer was Colombia at 246,300 MT, with a total of 180,900 MT shown for net reduction to unknown. New crop sales were reported at 112,220 MT. China sold 2.696 MMT of corn from state reserves on Thursday, which was 91.15% of the total offered.May 18 Corn is at $3.81 1/4, down 1 3/4 cents,Jul 18 Corn is at $3.90 1/4, down 1 1/2 cents,Sep 18 Corn is at $3.97 3/4, down 1 1/2 cents
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