Corn Futures PricesFri, Mar 7th, 2014
Latest Brugler Corn Report
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Corn futures are trading 4 to 7 cents higher after closing 9 to 10 cents higher yesterday. Preliminary OI was up 16,092 lots indicating fresh fund buying. There were 3 deliveries put out against the Mar 14 contract overnight brining the MTD total to 824 contracts. A sharply lower dollar index, combined with a very solid export sales report combined to boost prices yesterday. USDA put the actual weekly export sales at 1,682,500 MT (including 164,500 MT to Japan for 2014/15).
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