Corn futures closed out the Wednesday session with contracts down 2 to 4 cents across most contracts. Traders continue to place bets ahead of the supply and demand updates on Friday. The CmdtyView national average Cash Corn price was down 2 3/4 cents at $3.72 ¼.
EIA data released this morning showed ethanol production in the week ending on September 5 at 1.105 million barrels per day, up 30,000 bpd from the week prior. Stocks saw a build of 273,000 barrels to 22.837 million barrels. Ethanol exports in that week were 121,000 barrels per day, up 32,000 bpd from last week. Refiner inputs were down 35,000 bpd to 880,000 bpd.
