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Corn Futures Little Changed

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March Corn is trading at 370, up 1/2 of a cent/bushel.

May Corn is trading at 377 3/4, up 1/2 of a cent/bushel.

Corn futures are trading steady.

The USDA reported on Thursday that corn export sales for the current marketing year as of February 2nd are now 72.9 percent of the agency forecast versus the five year average of 67.1 percent.

The USDA supply demand report showed U.S. ending corn stocks of 2.32 billion bushels. Global corn ending stocks are at 217.6 million tonnes versus 221.0 million tonnes a month ago.

 

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Posted-In: Corn futuresFutures Commodities Markets

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