Corn Pit Jul '18 (CN18)
Price PerformanceSee More
|Period||Period Low||Period High||Performance|
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+1-2 (+0.33%)since 02/21/18
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+15-2 (+4.15%)since 12/21/17
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-19-0 (-4.73%)since 03/21/17
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Corn futures saw most contracts close within 1/2 cent on UNCH on Wednesday. Another private export sale was announced by the USDA this morning, for 138,000 MT for 17/18 delivery to South Korea. The weekly EIA report showed ethanol production during the week of 3/16 increasing 24,000 barrels from the previous week at 1.049 million barrels per day. Stocks of ethanol at the end of that week were reported at 23.758 million barrels, down 523,000 barrels from the week prior. Stocks jumped on the East and West Coast, with the other regions showing a reduction. Expectations for Thursday’s Export Sales report show 1.4-2.1 MMT on old crop corn sales, with 100,000-200,000 MT in new crop sales.May 18 Corn closed at $3.75, up 1/2 cent,Jul 18 Corn closed at $3.83, up 1/2 cent,Sep 18 Corn closed at $3.89 1/2, down 1/4 centDec 18 Corn closed at $3.96 3/4, down 1/2 cent
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