Corn Weighted Down on Tuesday

Group 1 - Corn futures closed lower, with most contracts down by 2 to 3 ¼ cents at the end of the trading session [1] - The national average Cash Corn price decreased by 3 ¼ cents to $3.92 3/4 [1] - External factors contributed to the decline, including losses in wheat and a drop in crude oil prices by $1.61 per barrel [1] Group 2 - EIA data is expected to be released, with predictions of ethanol production remaining steady or slightly lower than the previous week [2] - Specific corn futures prices include: Mar 26 Corn at $4.36 1/2 (down 3 1/4 cents), Nearby Cash at $3.92 3/4 (down 3 1/4 cents), May 26 Corn at $4.44 1/2 (down 3 1/4 cents), and Jul 26 Corn at $4.51 (down 2 3/4 cents) [2]