Corn Rallies on Wednesday

Corn futures closed out the Wednesday session with contracts 7 to 9 cents higher and some deferred contracts 2 to 4 ¾ cents in the green. The CmdtyView national average Cash Corn price was up 9 ¼ cents to $4.20. Crude was up $3.61 on the day and $8 off the early session lows. EIA data was out this morning, showing ethanol production at 1.093 million barrels per day in the week ending on 3/13, down 33,000 bpd from the previous week. Stocks data were building on that week, up 827,000 barrels to 26.407 milli ...