Corn Little Lower

Corn futures are trading a little lower Friday morning. July corn is trading at 375, down 1 3/4 cents. December corn is trading at 392 3/4, down 1 3/4 cents. Chatter about good weather for planting over the next two weeks has kept sellers active. Chatter about the a weaker dollar led has led to some buyers coming in. On Thursday, the USDA reported corn weekly export sales of 874,100 tonnes. The International Grain Council estimated that global corn production this year will be 951 million tonnes, up a little from last month's estimate and down from 994 million last year.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: FuturesCommoditiesMarketscornInternational Grain Council
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!