Corn Market Commentary

Corn futures saw 3 cent losses in most nearby contracts Turnaround Tuesday profit taking. A drier pattern this week should allow producers in the Corn Belt to make better harvest progress. Monday’s Crop Progress indicated most WCB states lagging harvest pace and only moving 2-3% on the week, with ECB states now well ahead of normal. Condition ratings held up better than expected for the US as a whole. Condition ratings were down 1 in IA and up the same in IN, while MN lost 3 points with the Dakotas both lower and NE up 2. An Israeli importer is seeking 60,000 MT of corn, with the tender to closed on Wednesday and US listed as an accepted origin.

Dec 18 Corn closed at $3.75 1/4, down 3 cents,

Mar 19 Corn closed at $3.87 1/4, down 3 cents,

May 19 Corn closed at $3.94 1/4, down 3 cents

Jul 19 Corn closed at $3.99 1/4, down 3 cents

--Call Brugler Marketing & Management @ (402) 289-2330 with questions or news tips.




Market Commentary provided by:

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Phone: 402-697-3623
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