Group 1 - Corn futures showed slight gains, with the CmdtyView national average Cash Corn price increasing by 0.5 cents to $3.73 3/4 [1] - The weekly EIA report indicated ethanol production at 995,000 barrels per day, a decrease of 29,000 barrels from the previous week, totaling a decline of 110,000 barrels over three weeks [2] - Ethanol stocks fell by 704,000 barrels to 22.764 million barrels [2] Group 2 - Export sales data release is likely suspended due to the government shutdown, with traders anticipating corn sales between 1.2 and 2.2 million metric tons for the week ending September 25 [3] - StoneX estimates the US corn yield at 185.9 bushels per acre, a reduction of 1 bushel from the previous month, with total production estimated at 16.737 billion bushels [3] - Various corn futures closed with minor increases, including December 25 Corn at $4.16 1/2 (up 1 cent) and March 26 Corn at $4.32 3/4 (up 3/4 cent) [3]
Corn Turn Higher Late on Wednesday
Yahoo Finance·2025-10-01 22:27