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Corn Little Lower

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Corn futures are trading a little lower. July Corn is trading at 361, down 2 cents. December Corn is trading at 376, down 2 1/4 cents.

Market chatter about the USDA report due out on Tuesday is making the rounds. Market chatter that estimates for current year U.S. ending stocks are near 1.861 billion bushels, up 34 million bushels from the April USDA report. Chatter about 2015/2016 ending stocks are showing a wide range and a middle of the road estimates is near 1.750 billion bushels.

 

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Posted-In: cornFutures Commodities Markets

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