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Amanda Brill at Total Farm Marketing said, “Corn futures pushed to new contract lows to start the week, with December settling at $4.07. Prices have now declined in 11 of the past 12 Monday sessions, pressured by favorable weather and the potential for a large harvest.” The Hightower Report said, “Updated Brazilian corn estimates added some pressure with StoneX estimating second crop corn at 111.7, up from 108.2 previously and the Ukraine Ag Ministry says if weather improves their crop could be as high as 28 millions tons, up from 22 million last year.” Amanda Brill at Total Farm Marketing said, “Brazil corn harvest made good progress over the week as weather improved. In the key center-southern regions of Brazil, harvest is 81% complete, up 13% from last week. This is still trending behind last year’s 95% complete levels as a slow start to harvest due to weather and the large production has limited the pace.”





