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Corn Jul '18 (ZCN18)

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Brugler report

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Tue Apr 24, 4:35PM CDT
Corn futures closed the day with 1 to 2 3/4 cent gains. Progress along the Corn Belt was well below the average, with IA still at 0%, IL at 4%, and NE at 2% planted. TX was the only of the 18 states reported to show progress above the normal pace. Progress should be made this week with soil temps improving and drier weather throughout most of the Corn Belt. The weekly EIA report will be released on Wednesday showing ethanol production for the week of April 20. Analysts are expecting Stats Canada to show 3.583 million acres of Canadian corn intended to be planted in 2018, up slightly from last year.May 18 Corn closed at $3.81 1/4, up 2 3/4 cents,Jul 18 Corn closed at $3.90, up 2 1/2 cents,Sep 18 Corn closed at $3.97 1/4, up 2 1/4 centsDec 18 Corn closed at $4.06 1/2, up 2 1/4 cents
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