Corn

Corn futures are fractionally to a penny lower at midday. The USDA Export Sales report indicated that 985,702 MT of old crop corn was sold in the week of May 10. That was near the top of the range of expectations and nearly 3.5 times as large as this time last year. Japan bought nearly 401,500 MT, with 154,500 MT switched from unknown destinations. New crop sales totaled 129,240 MT. China sold 1.427 MMT of 2014 and 2015 corn from state reserves on Friday, totaling 80.48% of the totaled offered.

Jul 18 Corn is at $3.98 1/2, down 3/4 cent,

Sep 18 Corn is at $4.07, down 1/2 cent,

Dec 18 Corn is at $4.16 1/2, down 1/2 cent

Mar 19 Corn is at $4.24 1/2, down 1 cent




Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

Did you know Brugler Marketing & Management has more to offer to you than just this free daily commentary?! Producers just like you rely on our custom research and daily guidance on when and how to market their commodities. Click here to learn more about what we have to offer, or call 402-697-3623. Do it today!


Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.