Home Markets News Weather

Corn Showing Losses on Friday

« Go Back

Corn futures are down 2 to 3 cents in the nearby contracts on Friday. US corn exports via the weekly Export Sales report are down 38% from a year ago and are just 27% of the USDA projection vs. the average of 34%. Unshipped sales are down 9% from 18/19, with commitments totaling 54% of the newly updated 1.725 bbu projection (66% avg). The DDGS report from U.S. Grains Council had DDGS prices steady with last week still at an 8% markup to corn, but a larger wk/wk premium to soybean meal currently 0.52. Thailand and Vietnam demand increased FOB DDGS prices $3 to $247/ MT (av).

MAR 19 Corn is at $3.77 1/4, down 2 1/4 cents,

MAY 19 Corn is at $3.82, down 2 3/4 cents,

JUL 20 Corn is at $3.86, down 2 3/4 cents

SEP 20 Corn is at $3.84 1/2, down 3 cents

--- provided by Brugler Marketing & Management

« Go Back

Real-time Login
     Get Real-time Data
Edit Preferences      Refresh:   On   Off