"Prices recovered late to close steady to $.01 ½ higher after falling to fresh 6-week lows. Spreads also firmed. Next support for Dec-26 is $4.88, the midpoint between the June low and the September high. Yesterday’s EIA data showed ethanol production fell to 296 mil. gallons last week, the lowest in 8 months, however, in line with expectations. Ukraine’s corn exports in Sept-26 at 1.929 mmt were more than double the .913 mmt in Sept-25. Bulls remain hopeful the lower prices may stimulate demand interest from China? The markets focus will shift back to US harvest progress (or lack thereof in WCB) and the USDA production update next Friday. Export sales at 21 mil. bu. was below expectations. YTD sales are down 31% from YA vs. the USDA forecast of down 4%. Commitments represent 23% of the USDA est. well below the historical average of 31%," noted Mark Soderberg with ADM Investor Services.