Corn Futures PricesMon, Oct 5th, 2015
Latest Brugler Corn Report
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Corn futures closed around 4 cents higher on Monday afternoon on “variable” yield reports and ideas of storm damage in the Carolinas. The weekly USDA Crop Progress report after the close showed the US crop condition improved by one point this week, up to 375 on the Brugler500 Index (2014: 388). NASS says 86% of the US corn crop was mature as of Sunday night, up 3 points from the five year average. Harvest continues to be just behind schedule, at 27% completed (five year average: 32%). USDA reported 469,697 MT of corn was inspected for export during the week ending last Thursday, a 42% drop from the week before, and 47% smaller than a year ago. Cumulative marketing year inspections are 20% smaller than last year at this time.
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.