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Corn Mar '19 (ZCH19)

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[[ timeframe ]] futures price quotes as of Tue, Dec 11th, 2018.
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Corn Futures Market News and Commentary


Corn futures are fractionally mixed @ Tuesday’s midday. USDA updated their monthly S&D table this morning showing no change to the production side for US as expected. They did cut corn usage for ethanol by 50 mbu, and trimmed imports by 5 mbu for a net ending stocks change of +45 mbu to 1.781 bbu. On the world side, carryout was increased 1.29 MMT to 308.8 MMT, with most of that from the US. The USDA left their Brazil 18/19 production number UNCH at 94.5 MMT, CONAB updated their estimate to 91.1 MMT.Dec 18 Corn is at $3.74 1/2, up 1/4 cent,Mar 19 Corn is at $3.83 1/2, down 1/2 cent,May 19 Corn is at $3.91, down 1/4 centJul 19 Corn is at $3.97 1/4, down 1/2 cent--provided by Brugler Marketing & Management
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