Corn Futures PricesFri, Oct 31st, 2014
Latest Brugler Corn Report
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Corn futures rallied late in the session to close around 2 cents higher on the day, capping a nearly 24 cent (6.73%) gain on the week. The US Dollar index was sharply higher all day, but corn closed higher anyway. Export sales reported this week were the slowest of the marketing year thus far, but accumulated exports as a percent of total projected exports are currently at 15% vs. 9% for this week last year, and the 5 yr average of 13%. In the weekly Commitment of Traders report, managed money accounts added 14,836 contracts to their net long position, bringing them to net long 141,788 contracts.
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