Corn Close Slightly Higher on Thursday

Corn futures ended Thursday up 1 to 1 1/4 cents in the front months. 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. The Buenos Aires Grain Exchange pegged the Argentina corn crop at 20.6% plated as of 10/2. August US trade data will be released on Friday morning via Census, to round out the 18/19 export MY for corn.

DEC 19 Corn closed at $3.88 3/4, up 1 cent,

MAR 19 Corn closed at $4.00 3/4, up 1 cent,

MAY 20 Corn closed at $4.06, up 1 1/4 cents

JUL 20 Corn closed at $4.08 1/2, up 1 1/4 cents

-- provided by Brugler Marketing & Management

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