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Barchart
Barchart
Austin Schroeder

INSANE: Corn bulls pushing back higher on wednesday morning | Rare Historical Photos

United States CmdtyView

Corn prices are up 6 to 7 cents early on Wednesday trade. Futures closed the Tuesday session with 1 to 3 cents losses across most contracts. There were 553 deliveries against March corn overnight. Preliminary open interest was down 12,010 contracts on Tuesday. The CmdtyView national averageCash Corn price was down 1 1/4 cents to $4.09 3/4. Crude oil was down $8.38 on the day, though they did bounce $8 off the low on reports that Iran was placing mines in the waterway. They are back up $3.63 this morning.

EIA will be released on Wednesday, with traders looking for ethanol production to bounce from the week prior. 

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