Corn futures are trading lower by fractional to penny amounts on Wednesday, while the CmdtyView national average cash corn price fell 1/2 cent to $3.80 3/4. The EIA weekly update also showed ethanol production at 1.09 million barrels per day for the week of June 19, indicating a soft near-term tone for the corn complex and related biofuel demand.
Corn futures are trading lower by fractional to penny amounts on Wednesday, while the CmdtyView national average cash corn price fell 1/2 cent to $3.80 3/4. The EIA weekly update also showed ethanol production at 1.09 million barrels per day for the week of June 19, indicating a soft near-term tone for the corn complex and related biofuel demand.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.12
