Corn Closes Fractionally Lower on Monday

Corn futures closed Monday with minor to fractional losses in nearby contracts. The usual Monday reports are going to be released tomorrow, as the USDA was closed Monday for Columbus Day. Trade estimates for corn harvest are around 22-23% complete as of Sunday, which would be behind the 35% average. Drier weather expected for this week should allow harvest to progress in some areas not hit by recent precip events. Another round of moisture is expected this weekend along the Corn Belt.

DEC 19 Corn closed at $3.97 3/4, unch,

MAR 19 Corn closed at $4.07 1/2, down 1/4 cent,

MAY 20 Corn closed at $4.12 1/2, down 1/4 cent

JUL 20 Corn closed at $4.16, down 1/2 cent

-- provided by Brugler Marketing & Management

Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353

Did you know Brugler Marketing & Management has more to offer to you than just this free daily commentary?! Producers just like you rely on our custom research and daily guidance on when and how to market their commodities. Click here to learn more about what we have to offer, or call 402-697-3623. Do it today!

Do you want to know what trades Alan Brugler recommends? Subscribe to Ag Market Professional, and become part of the Brugler client group! Not sure? Ask for a FREE SAMPLE and get two FREE GIFTS! Start here

Want this Ag News delivered to your inbox? Get the FREE Brugler Ag Newsletter, delivered 3 times daily.