Corn
BRUG - Thu Dec 07, 4:04PM CST

Corn futures saw fractional to 1 1/4 cent losses on Thursday. The USDA indicated that 876,394 MT of corn was sold for 2017/18 export during the week ending 11/30, within the range of expectations. That was up 46.27% from the previous week and 15.08% larger than this week last year. Columbia was the largest buyer at 173,700 MT, as Mexico purchased 150,300 MT. Export shipments of corn totaled just 592,319 MT, down 9% wk/wk and 26.76% lower than this time a year ago. The primary destination was Mexico, with 203,600 MT shipped. The Buenos Aires Grain Exchange estimates the Argentina corn crop at 40.4% planted, lagging last year’s pace of 48%.

Dec 17 Corn closed at $3.38 3/4, down 1/2 cent,

Mar 18 Corn closed at $3.51 1/2, down 1 1/4 cents,

May 18 Corn closed at $3.60, down 1 cent

Jul 18 Corn closed at $3.68 1/2, down 3/4 cent




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

First you raise it, then you market it!  Check out the full Brugler advisory service with this special Harvest 2Fer offer at  http://bit.ly/Harvest2Fer.


 

Did June and July leave you with painful grain marketing memories?
Contact Brugler TODAY to discover which of our services is the right prescription for you!
Request product samples and a quick tour of our services here.

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.