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The Hightower Report said, “A slightly higher start to the day in anticipation of another solid weekly export sales total. Some additional support may be coming from reports that Mexico detained the leader of the Sinaloa cartel overnight, raising optimism that maybe they are doing enough for President Trump to push back or remove tariffs set for April 2.” Amanda Brill at Total Farm Marketing said, “US ethanol stocks fell by 2.9% to 26.575m bbl compared to analyst expectations of 27.271m. Plant production came in at 1.105m barrels per day compared to the average guess of 1.059m.” USDA announced a market relief payment for U.S. corn farmers of $42.91 per acre. Joe Barket at CHS Hedging said, “Export sales of corn for this crop year totaled 1.496 mmt and new crop sales totaled 61.4 tmt. The published estimates ranged from 800 TMT to 1.7 mmt.”





