Corn Futures PricesFri, Oct 2nd, 2015
Latest Brugler Corn Report
Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.
Corn futures were within a half cent of unchanged on the day today, and just a quarter cent higher for the week. Informa published its latest 2015/16 corn production estimate expecting 13.561 bbu (USDA: 13.585 bbu), with an average yield of 168.4 bu/ac (USDA: 167.5 bu/ac). They are citing cuts in acreage. FC Stone raised its corn yield estimate by 1.1 bu/ac to 167 bu/acre. Weekly data from the CFTC issued this afternoon says managed money accounts added a net 788 contracts to their net long position during the week ending Tuesday Sept 29. The agriculture ministry in Ukraine stated that Ukrainian corn exports totaled 1.4 MMT (55 millino bushels) during the last three months. DTN reports the national average cash corn price at $3.54 1/4.
InsideFutures Grains News