Corn Neutral ahead of Weekend
After a week of green candles, corn futures are fractionally mixed at midday on Friday. USDA announced a private export sale of 100k MT of corn to unknown under the daily reporting system. NOAA’s 5-day QPF shows 1 to 2 inches of rainfall along the border of MO and AR. The southern borders of IL and IN are also projected to receive up to 1.5” of accumulated rainfall. The NWS 8-14 day forecast shows drier conditions for Midwest fieldwork during election week.
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Dec 20 Corn is at $4.16 3/4, up 1/2 cent, |
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Mar 21 Corn is at $4.18 1/2, up 1/4 cent, |
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May 21 Corn is at $4.19 1/2, down 1/4 cent, |
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Jul 21 Corn is at $4.19, down 1/4 cent, |
--- provided by Brugler Marketing & Management
