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“Corn futures are trading higher this morning as funds appear to be cooling off their selling, potentially putting in a temporary bottom,” Total Farm Marketing said. “July corn is up 4-3/4 cents to $4.19 while December is up 5-1/4 cents to $4.47-3/4. Estimates for the weekly EIA report see ethanol production unchanged from the previous week at 1.108 mln barrels per day. Stockpiles are estimated higher at 24.623 mln barrels compared to 24.452 mln a week ago.”
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“U.S. crop conditions improved 1% this week, with 68% rated good to excellent compared to 72% at this time last year. The overall weather outl…
Austin Schroeder at Barchart.com said, “Corn is trading with losses of 4 to 5 cents early on Monday morning. Futures slipped into the Friday c…
“Corn is trading higher to start the day as funds appear to be easing off selling potentially ahead of the USDA report on Friday, but higher c…
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