Corn pressure falls down on Monday, the terms fall closely

Corn futures compared Monday session to 7 to 9 º cents. The front month CMDTYView was reduced to 3/4 kopecks on the cost of the National Medium Money Corn at $ 3.96. Summary oil fell from $ 6.70, as the market was followed by the reaction to Iran’s reaction to Iran’s nuclear facilities for the weekend. Iran broadcast a missile attack on Monday, although the White House heads and no damage was given. The market is waiting to see everything quietly after the back and forth.

Monday is near, USDA plant progress report, 97% corn, in the country, 1 point behind a five-year average pace. The product also listed 4% silk pace ahead of 3% average pace. Situation ratings are 72% under trading ideas 70% good / excellent, excellent / excellent; The Brugler500 index was 376 puppies 3 points.

Export inspections data, which ended in 1991, ended on June 19, 1,48 MCIT (58.13 MMT), which was 12.91% of last year, but 28.07% exceeded. Mexico left 345,857 MT, 249,885 mt. The supply of marketing is 53,547 MMT (2,108 BBU), September 1, 28.51% larger or since year.

The delayed CFTC report showed the net short position in corn futures and the money that increases the net short position in the 20,768 contract in 1768. The short position of their net was 184,788 contract about a week ago a week ago.

Last year, in the central-southern region of Agrural, which is below 34%, the second product of Brazil is estimated at 13%.

Jul 25 corn 4.19 $ 1/4, 9 1/2 cents,

Nearby cash $ 3.96, 8 3/4 cents,

Corn on September 25, $ 4.17, 8 cents, 8 cents,

December 25 corn 4.33 3/4, 7 1/2 cents,

The new product cash is 3.90 1/2, 7 3/4 kopecks,

On the day, Austin Schroeder did not have any positions (either direct or indirect) in this article. All information and information in this article are for informational purposes only. This article was originally published Barchart.com