Corn futures are getting some uncontrolled by the recent bear spreading as no afternoon, partially 5 cents more with contracts. Front Month CMDTYVIEW National Average Cash corn Price is 4 3/4 at $ 4.20.
The next week is the forecasts of the dryer for most of the central corn belt, there are heavy yoga running on the north and southern edges.
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Corn export commitments in weekly export sales report data are 65.138 MMT. Now it is 99% of the USDA projection, slightly ahead of an average of 5 years. According to FAS data, the actual shipments are 49.85 mmt, which is at the speed of 5 years with a 75% estimate of the USDA.
During May, Brazil Corn Export S covered a total distance of 38,928 metric tonnes, which was below 413,374 MT in the same month last year.
Argentina’s corn crop has been harvested at 43.8% according to the Buenos Aires Grain Exchange as their production forecast is at 49 mm.
July 25 Corn $ 4.44 is at 1/4, up to 4 3/4 cents,
Cash $ 4.20, up to 4 3/4 cents,
September 25 Corn $ 4.32 3/4, 1 1/4 cents,
25 December Corn $ 4.49 is at 3/4 percent,
New crop cash $ 4.05 is at 1 percent,
On the date of publication,
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