Corn Slightly Higher on Thursday

Corn futures are showing fractional gains at midday. This morning’s Export Sales report showed 19/20 Corn bookings for week ending on 9/26 at 562,616 MT. That was a 13.9% jump from the previous week but down 60.68% from the same week last year. Mexico was the lead buyer of 361,100 MT during that week, with 88,000 MT sold to Japanese importers. August US trade data will be released on Friday morning via Census, to round out the 18/19 export MY for corn. Brazil trade data from September indicated 6.501 MMT of corn shipped during the month, nearby double the same month last year.

DEC 19 Corn is at $3.88 1/4, up 1/2 cent,

MAR 19 Corn is at $4.00, up 1/4 cent,

MAY 20 Corn is at $4.05, up 1/4 cent

JUL 20 Corn is at $4.07 3/4, up 1/2 cent

-- provided by Brugler Marketing & Management




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