Corn Market Commentary
BRUG - Fri Dec 07, 7:27AM CST

Corn futures are trading fractionally higher this morning. They ended the Thursday session with most contracts 1 to 2 1/4 cents lower. Thursday morning’s delayed EIA report showed ethanol production in the final week of November at 1.069 million barrels per day. That was up 21,000 bpd from the week prior, as ethanol stockpiles rose 100,000 barrels to 23.030 million barrels. US census data released Thursday showed October corn exports @ 5.695 MMT (224.19 mbu), more than double last year and the second largest October ever. DDG exports were also the second most for October at 1.018 MMT, with ethanol exports an October record 175.41 million gallons. Analysts expect this morning’s Export Sales report to show 800,000 MT to 1.1 MMT in corn sales for the week ending November 29.

--provided by Brugler Marketing & Management




Market Commentary provided by:

Brugler Marketing & Management LLC
1908 N. 203rd St.Omaha, NE 68022
Phone: 402-697-3623
Fax: 402-289-2353
E-mail: alanb@bruglermktg.com
Web: http://bruglermarketing.com

Did you know Brugler Marketing & Management has more to offer to you than just this free daily commentary?! Producers just like you rely on our custom research and daily guidance on when and how to market their commodities. Click here to learn more about what we have to offer, or call 402-697-3623. Do it today!


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.