Corn Market News and Commentary
BRUG - Wed Jan 23, 12:14PM CST

Corn futures are steady to fractionally higher in most contracts at midday. The weekly EIA report showing ethanol production and stocks is delayed until Thursday due to Monday’s holiday. Informa estimates 2019 US planted corn acreage at 91.5 million acres, which is nearly 2.4 million larger than the previous year. Chinese corn imports during December totaled 420,000 MT, while sorghum imports were tallied at 0. Taiwan purchased 65,000 MT of corn on Wednesday, with the origin likely Argentina.

Mar 19 Corn is at $3.79, unch,

May 19 Corn is at $3.87 1/4, unch ,

Jul 19 Corn is at $3.95, unch ,

Sep 19 Corn is at $3.97 1/2, up 1/2 cent

--provided by Brugler Marketing & Management




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