Corn Futures Closed Lower Monday
date:Nov 07, 2012
ek.

Export inspections for the week ending November 1st were reported at 14.7 million bushels vs. 15.5 last week and 26.3 million bushels are needed each week to reach this crop years USDA export estimate.

The cumulative inspection pace for 2012/13 is now 12 per cent of the USDA export goals vs. the 5 year average of 16.5 per cent.

Money flow by hedge funds could be key to price direction this week and many large fund traders have stepped to the sideline until the Presidential election is
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