Corn Futures PricesFri, Jul 31st, 2015
Latest Brugler Corn Report
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Corn futures are steady to a 4 cents lower at midday here on the last day of July. Preliminary open interest rose 7,912 contracts on the Thursday rally, suggesting some bottom picking buying on Thursday. The national average cash price reported by DTN last night was $3.42; just 13 cents above the June 15 low. USDA reported under the daily system that 108,204 MT (72,136 MT for 15/16 delivery) of corn was sold to Mexico this morning. The remaining 36,068 MT are booked for 16/17 delivery. The International Grains Council increased its Chinese corn production estimates by 5 MMT to 225 MMT (USDA: 229 MMT).
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.