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Barchart

Austin Schroeder

YOU WONT BELIEVE: Corn posting midday gains as usda cuts ending stocks - What They Never Told You

USDA United States CmdtyView WASDE

Corn futures are trading with gains across the board on Tuesday. Midday gains are pushing 3 to 5 cents, as USDA posted a friendlier balance sheet this morning. The CmdtyView national average Cash Corn price is up 4 ¾ cents at $4.03 3/4.

The monthly WASDE was out this morning, showing a 125 mbu cut to US ending stocks, now at 2.029 billion bushels. That was well below estimates, and came all from an increase to the export category.

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