Corn Bulls Taking Things Back Higher at Midday

Corn futures are rallying 4 to 5 ¼ cents higher across most contracts so far on Thursday. The CmdtyView national average Cash Corn price is up 5 ¼ cents at $3.79 1/2. EIA data from this morning showed a slight uptick in ethanol production for the week ending on October 17, rising 3,000 barrels per day to 1.074 bpd. Despite the output increase, stocks still saw a draw of 92,000 barrels to 22.628 million barrels. Exports slipped back 30,000 bpd to 108,000 bpd on the week, with refiner inputs of ethanol up 2 ...