Corn Market News and Commentary
BRUG - Tue Jan 22, 5:11PM CST

Corn futures ended the Tuesday session with most contracts 2 to 3 cents in negative territory. Weaker ethanol and spillover from soybeans pressured the market lower. USDA Export Inspections data on Tuesday morning showed that 1.108 MMT of corn was shipped in the week that ended 1/17. That was 9.28% larger than the week prior and 53.23% above the same time last year. EU data released on Monday showed corn imports YTD (since July 1 for them) have totaled 9.25 MMT. That is up 45% from the previous year due to tight supplies stemming from drought last year.

Mar 19 Corn closed at $3.79, down 2 3/4 cents,

May 19 Corn closed at $3.87 1/4, down 2 3/4 cents,

Jul 19 Corn closed at $3.95, down 2 1/4 cents

Sep 19 Corn closed at $3.97, down 2 3/4 cents

--provided by Brugler Marketing & Management




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