Austin Schroeder at Barchart.com said, “Corn price action is starting off Thursday with early losses of 6 to 8 cents so far. Futures closed the Wednesday session with contracts fractionally lower in some new crop months to as much as 4 cents in the red for nearbys as traders were preparing for the tariffs released after the close.” The Hightower Report said, “Flooding rains are still expected in the southeast corn belt over the next five days delaying fieldwork.” Amanda Brill at Total Farm Marketing said, “Domestic Brazil corn basis remains firm due to higher ethanol production. Dalian corn futures moved higher, while EU corn exports are down 35% year over year. The U.S. and Argentina currently offer the lowest priced export corn.”