Corn futures are trading with fractional to penny losses so far on Wednesday trade. The CmdtyView national average Cash Corn price is down 1/2 cents at $3.80 3/4.
EIA’s weekly update showed a total of 1.09 million barrels per day of ethanol production in the week of June 19, down 12,000 bpd from the week prior. Ethanol stocks were up 111,000 barrels to 24.585 million barrels. Ethanol exports were down 5,000 bpd to 121,000 bpd, with refiner inputs of ethanol up 3,000 bpd to 923,000 bpd.