Corn (P) Futures PricesThu, Jun 30th, 2016
Latest Brugler Corn (P) Report
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Corn futures closed 14 lower to 3 higher today, with nearby July the weakest and the 2017 crop contracts in the black. USDA reported 94.148 million planted corn acres, above both March intentions and trade expectations. June 1 Corn stocks were also 118 mbu above the higher end of the range of trade estimates, and up 269 mbu year/year. More than 6.1 million acres were planted to some crop that was not indicated back in March. USDA weekly Export sales for the week ending June 23 were on the lower end of estimates at a combined 1.004 MMT.
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