Corn

Corn futures closed the day with gains of 1 to 2 cents, as Dec lost 1.36% on the week with the help of Thursday’s report. The USDA corn yield estimate has moved +5.9 bpa since the August report. NE (-2) and MI (-1) were the only major producing states that showed a reduction in yield in November’s report. Total export commitments are now 21.67% lower than this time last year, gaining 5.19% over the last week. The Buenos Aires Grain Exchange estimates that the Argentina corn crop is 35% planted, up slightly over last week’s 33.9%. The CFTC Commitment of Traders report will be delayed until Monday, in observance of Veteran’s day on Saturday.

Dec 17 Corn closed at $3.43 1/2, up 2 cents,

Mar 18 Corn closed at $3.56 3/4, up 2 cents,

May 18 Corn closed at $3.65 1/4, up 1 3/4 cents

Jul 18 Corn closed at $3.73, up 1 1/2 cents




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.