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Austin Schroeder

FORGOTTEN HISTORY: Corn weakens at wednesday s midday | History Defined

CmdtyView EIA Ethanol

Corn futures are trading with 1 to 2 cent midday losses so far on Wednesday, with September down 5 ¾ on thin trade. The CmdtyView national average Cash Corn price is down 2 cents at $3.73.

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.

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