Corn futures closed Wednesday with contracts up 3 to 8 ¼ cents higher, as the front months were the leaders. The CmdtyView national average Cash Corn price was 7 cents higher at $3.92 1/4.
EIA’s weekly update showed a total of 1.117 million barrels per day of ethanol production in the week of June 26, up 27,000 bpd from the week prior. Ethanol stocks were up another 105,000 barrels to 24.690 million barrels. Ethanol exports were back up 5,000 bpd to 126,000 bpd, with refiner inputs of ethanol down 2,000 bpd to 9221,000 bpd.
