Corn Futures PricesFri, Nov 27th, 2015
Latest Brugler Corn Report
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The grain markets will reopen at 8:30 CST this morning. Corn futures gained a penny to 3 1/2 cents on Wednesday. This morning, the weekly USDA Export Sales report showed corn bookings of 2,564,800 MT during the week ending Nov 19, including 2,036,300 for 2015/16, a marketing year high. The weekly EIA report on Wednesday morning showed that ethanol production reached a record level of 1.008 million barrels per day during the week ending 11/20. The previous record was 994,000 barrels per day. That reflects corn and sorghum use of about 105 million bushels for the week. Ethanol stocks increased by 400,000 barrels to 19.6 million barrels, the largest stockpile since the week ending July 24. The Chicago Board of Trade will have shortened hours today, ending at 12 pm CST.
InsideFutures Grains News
Traditionally, trading of corn futures reaches a peak during the summer months, with corn prices affected by weather and plant-times. Buying and selling corn futures can insure traders against negative fluctuations in corn prices. Our tables are updated frequently to show the current corn quotes and corn futures prices.