Midday corn prices are fractionally to 2 1/4 cents in the black so far for Tuesday.Â
The USDA announced a private corn sale of 230,185 MT to Mexico this morning.Â
Barchart announced their corn production forecast as 14.681 bbu. That was unchanged from their prior forecast and comes on a 177.83 bpa yield.Â
NASS reported 93% of the 22/23 corn crop was harvested as of 11/13. That was up by 6% points through the week with NC and TN joining TX in being complete. The 5-yr average pace would be 85% harvested by 11/13.Â
USDA’s weekly Export Inspections data showed 484,001 MT of corn was shipped during the week that ended 11/10. That was up 251k MT from last week but was under the 867k MT shipped during the same week last season. USDA listed the MY total shipment at 4.933 MMT as of 11/10, down 29.5% from last year’s pace.Â
Dec 22 Corn  is at $6.58 3/4, up 1 1/2 cents,
Nearby Cash  is at $6.59 5/8, up 2 cents,
Mar 23 Corn  is at $6.60 1/4, up 1 cent,
May 23 Corn  is at $6.59 1/2, up 1 cent,
On the date of publication, Alan Brugler did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes.
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