Corn (P) Futures PricesSun, Oct 23rd, 2016
Latest Brugler Corn (P) Report
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Corn futures are mostly 4 1/4 to 5 cents lower at midday. USDA showed weekly corn inspections for export were 541,527 MT, down 38.4% from last week, but up 31% vs. the total from the same week a year ago. The Commitment of Traders report showed that as of the Tuesday close, managed money accounts had cut their net short by 46.5% from the previous week. The change in price for the Dec16 contract from Tuesday to Tuesday was +5 1/2 cents. Traders are looking for US corn harvest progress to be close to 60% in the NASS report due out at 3PM CDT.
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