Market Overview

Corn Little Higher

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September Corn is trading at 427 1/2, up 3 cents and December Corn is trading at 437, up 3/4 cents. Corn used for last week's ethanol production is estimated to be near 103.6 million bushels. The USDA is due to report weekly corn export sales today, the estimates are for 775,000 tonnes. Market talk about weather forecasts continues non-stop. Chatter about global headline news has been making the rounds. The USDA will release its monthly crop production report on Friday, July 10 at 12:00 PM ET. Trading is expected to be very choppy.

Posted-In: cornFutures Commodities Markets

 

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