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Barchart
Barchart
Austin Schroeder

INSANE: Corn rallying at midday j6vijttx | Vintage Vibes

IN CmdtyView EIA WI Ethanol IA IL Petroleum

Corn futures are trading with 7 to 9 cent gains at midday, with spillover support from wheat. The CmdtyView national average Cash Corn price is up 8 1/2 cents at $4.30 3/4.

EIA’s weekly Petroleum Status Report showed ethanol production back up 54,000 bpd in the week of 7/17 after the previous drop, to 1.094 million bpd. Stocks were up just 90,000 barrels in that week to 24.481 million barrels. Exports were back up 77,000 bpd to 158,000 bpd, with refiner inputs of ethanol rising 32,000 bpd to 938,000 bpd.

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