S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketCorn futures closed the Tuesday session with contracts down 1 to 2 cents in the front months. The CmdtyView national average Cash Corn price was down a 1 ½ cents at $3.90 3/4.
USDA reported a private export sale of 110,000 MT of corn to unknown destinations this morning. Another sale of 306,000 MT of sorghum was reported as sold to unknown.
EIA data will be released on Wednesday, with some looking for a pullback in ethanol output for the week ending last Friday.
ANEC estimates the January export total from Brazil at 3.39 MMT, down 0.06 MMT from last week. That would be shy of the 3.59 MMT from the same month last year if realized.
Mar 26 Corn closed at $4.26 1/2, down 1 3/4 cents,
Nearby Cash was $3.90 3/4, down 1 1/2 cents,
May 26 Corn closed at $4.34 3/4, down 1 1/4 cents,
Jul 26 Corn closed at $4.40 3/4, down 1 1/4 cents,
