Corn’s futures partially posted a profit up to 5 1/4 cents on Wednesday, as in July, the sale of bears continues. Front Month CMDTYVIEW National Average Cash corn The price was 1/4 percent at $ 4.14 1/4.
The EIA data from this morning exploded weekly ethanol production to match the high level of March at a high level of March at 1.105 million barrels per day ending May 30. It was 49,000 barrels per day. The stock stood from just 159,000 barrels to 24.44 million barrels. Ethanol’s refiner input 37,000 BPD was dropped at 902,000 BPD in that week, as the ethanol exports 84,000 BPD increased to 150,000 BPD, 8-week high.
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Export sales data will be released on Thursday, in which traders are looking for 0.775 to 1.4 MMT in the old crop business, with the new crop seen on 20,000 to 250,000 mounts.
ANEC estimates that Brazilian corn is exported at 835,660 MT in June, which will be below 982,812 MT in the same month last year.
July 25 Corn $ 4.38 closed at 3/4, up to 1/4 percent,
Cash $ 4.14 was 1/4, 1/4 percent,
September 25 Corn Closed at $ 4.28, up to 4 1/2 cents,
25 December Corn Closed at $ 4.43 3/4, up to 5 1/4 cents,
New crop cash $ 4.00 3/8 was up to 5 cents,
On the date of publication,
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