Corn Market News and Commentary

Corn futures are down 4 to 5 1/2 cents in most contracts on Tuesday, pressured by the rest of the grain complex. The weekly Export Inspections report showed shipments of 941,811 MT of corn in the week of 2/14. That was slightly below last year but 25.34% larger than the previous week. Mexico and Japan were the top two destinations in that week. Inspections YTD are still 44.90% larger than the same time frame last year. The EIA report will be pushed back to Thursday this week due to Monday’s President’s Day holiday.

Mar 19 Corn is at $3.69 1/4, down 5 1/2 cents,

May 19 Corn is at $3.77 1/2, down 5 1/4 cents,

Jul 19 Corn is at $3.85 1/4, down 5 1/4 cents

Sep 19 Corn is at $3.89 3/4, down 4 1/2 cents

--provided by Brugler Marketing & Management




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