Corn Market News and Commentary

Corn futures are down 3 to 4 1/4 cents in most nearby contracts at midday. A stronger dollar and general selling in the grains is pressuring the market lower. The weekly USDA Export Inspections report was released this morning despite the partial government shutdown. It showed corn shipments of 996,098 MT during the week of 12/20, which was 12.4% larger than last week and 60.45% above this week a year ago. Accumulated inspections have hit 16.988 MMT (668.79 mbu) for this MY, 72.26% larger than the same point in 2017.

Mar 19 Corn is at $3.73 1/2, down 4 1/4 cents,

May 19 Corn is at $3.81 1/2, down 4 1/4 cents,

Jul 19 Corn is at $3.88 1/2, down 4 1/4 cents

Sep 19 Corn is at $3.91, down 3 3/4 cents

--provided by Brugler Marketing & Management

Market Commentary provided by:

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