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Corn prices ended the monday session with contracts 1 3/4 to 4 cents lower across the board Export inspections data from fgis showed 1.23 mmt of corn shipped in the week of april 25, a 26.21% drop from the previous week. May never recovered from early weakness and closed with a 4 cent loss, while december was down 2 ¾ cents
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Usda reported a private export sale of 165,000 mt of corn to mexico. Tuesday is first notice data for may corn futures Some corn leaks out of a grain silo during a partial collapse tuesday, oct
15, 2024, at the river valley coop grain elevator in putnam
Usda reported a private export sale of 165,000 mt of corn to mexico this morning, with 135,000 mt sc… May never recovered from early weakness and closed with a 4 cent loss, while december was down 2 ¾. Corn futures are down ½ to 1 ½ cents so far on monday morning The market closed the friday session with contracts up 2 to 4 cents in the front months, with december down 1 ¼ cents
Preliminary open interest was down 7,453 contracts, mainly on a 23,348 contract drop. Corn leaks lower into close, usda reports rapid planting paceweekly crop progress data showed quite a bit of planting getting done ahead of the rain late last week with 27% of the crop in the ground by sunday The crop was also 7% emerged, with the average pace at 4%. Corn price action at midday is showing 2 to 3 cent losses so far, as contracts are facing some turnaround tuesday weakness
The national average cash corn price from cmdtyview is down 2 1/2 cents.
Corn futures ended the monday session with contracts fractionally to 1 ¼ cents lower across most contracts
