Corn futures are trading to cent per bushel lower this morning. They settled fractionally higher on Tuesday as volatility remains notably lacking. The USDA Export Inspections report showed just 609,281 MT of corn shipments during the week of 12/21. That was 4.33% lower than last week and 37.95% behind the same week last year. Exports of corn for the 17/18 marketing year YTD are at 9.842 MMT, which is lagging last year by 40.03%. The weekly EIA report will be delayed until Thursday morning due to the shortened holiday week. Consultant Michael Cordonnier is sticking with his 88 MMT forecast for Brazilian corn production, with Argentina at 42 MMT.

Market Commentary provided by:

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

First you raise it, then you market it!  Check out the full Brugler advisory service with this special Harvest 2Fer offer at


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.