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Corn Mar '19 (ZCH19)

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Corn Futures Market News and Commentary


Corn futures are showing most contracts steady to fractionally mixed, with Dec up 1 3/4 cents ahead of Friday’s expiration. USDA reported a very large private export sale of 1,645,920 MT of corn to Mexico this morning. That was the fourth largest daily sale on record for corn, with 1.105 MT for 18/19 and the balance for 19/20. The weekly Export Inspections report indicated that 876,305 MT of corn was shipped in the week that ended on 12/6. The weekly export total was down 17.62% from last week but 22.06% larger than the same week in 2017. Accumulated exports are now 75.57% above year ago at 594.71 mbu.Dec 18 Corn is at $3.75 3/4, up 1 3/4 cents,Mar 19 Corn is at $3.85 1/2, unch ,May 19 Corn is at $3.92 3/4, unch ,Jul 19 Corn is at $3.99, down 1/4 cent--provided by Brugler Marketing & Management
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