Corn Market News and Commentary

Corn futures are showing gains of 2 to 3 cents in most contracts on Friday, as they continue their pattern of choppy trade. Support is coming from the rest of the grain complex, and sharply higher ethanol. Monthly EIA data shows that US exported 169.8 million gallons of ethanol in November. That is slightly below October but up 57.6% from Nov 2017. Brazil exported 4.22 MMT of corn during January, according to Trade Ministry data, slightly above December and 39.8% larger than Jan 2018.

Mar 19 Corn is at $3.79, up 2 1/2 cents,

May 19 Corn is at $3.87 3/4, up 2 1/2 cents,

Jul 19 Corn is at $3.95 3/4, up 3 cents

Sep 19 Corn is at $3.98, up 2 1/2 cents

--provided by Brugler Marketing & Management

Market Commentary provided by:

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