Corn futures are showing fractional losses at midday. The USDA Grain Crush report showed 525 million bushels of corn used for ethanol and other industrial uses in November. Of that, 475.7 million went to fuel ethanol production, which was up 1.2% from October and up 5.2% from November 2016. Corn exports out of Brazil during December totaled 3.99 MMT according to the country’s trade ministry. That is up 13.84% from November and nearly 4 times as large as December 2016. Soil moisture is expected to decline in southern Brazil, Argentina and Uruguay over the next week, driven by higher temps and limited rainfall during pollination.

Mar 18 Corn is at $3.52 3/4, down 1/2 cent,

May 18 Corn is at $3.61, down 1/4 cent,

Jul 18 Corn is at $3.69, down 3/4 cent

Sep 18 Corn is at $3.76 1/2, down 3/4 cent

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.