Corn Futures PricesFri, Sep 30th, 2016
Latest Brugler Corn Report
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Corn futures ended the day steady to fractionally lower as the trade awaits the quarterly Grain Stocks report due out tomorrow at 11 AM CDT. The average trade estimate for September 1 corn stocks is 1.754 bbu, which would be about 38mbu looser than the September 12 estimate, and 23 mbu looser year/year. USDA's weekly Export Sales report had corn bookings during the week ending Sept 22 at 575,000 MT which was lower than published trade expectations. Sorghum sales were a solid 227,300 MT.
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