Corn Mini Mar '23 (XNH23)
Corn Mini Futures Market News and Commentary
Corn futures fell back on Wednesday after rallying nearly 40 cents off the lows last week, with contracts down 3 to 8 ¾ cents at the close. The CmdtyView national average Cash Corn price was 9 cents lower at $4.04.Â
EIA data from this morning showed a total of 1.093 million barrels per day of ethanol production in the week of July 3, back down 24,000 bpd from the week prior. Ethanol stocks saw a draw of 762,000 barrels to 23.928 million barrels. Ethanol exports were up 74,000 bpd to 200,000 bpd, with refiner inputs of ethanol down 20,000 bpd to 901,000 bpd.Â
USDA’s Export Sales report will be out on Thursday morning, with traders looking for old crop business to total between 0.6-1.1 MMT in the week of July 2. New crop is seen between 600,000 and 900,000 MT.Â
The next 7 days via NOAA’s QPF shows 1 to 2 inches on a line mainly south of I-80 covering most of MO, IN, OJ and the southern half of IL. Parts of eastern NE and western IA, as well as central WI are seen wit... Read more
Barchart · 26 minutes ago
Soybeans faded off the early gains on Wednesday, as buyers of the Chinese rumor were selling the fact. Contracts were down fractionally to 5 ½ cents at...
Barchart · 26 minutes ago
Corn futures fell back on Wednesday after rallying nearly 40 cents off the lows last week, with contracts down 3 to 8 ¾ cents at the close. The CmdtyView...
Barchart · 26 minutes ago
The wheat complex closed the midweek session with weakness across the three markets. Chicago SRW contracts closed with Wednesday losses of 7 ¾ to 10 ¾...
Swift Trading Company · Wed Jul 8, 2:52PM CDT
So far this week, corn has rallied sharply, diesel fuel rallied to within $.16 of contract high, and interest rates rose sharply.
Barchart · Wed Jul 8, 12:12PM CDT
Soybeans are mixed at midday with old crop and new crop spreading at midday, as front months are up 1 to 5 ½ cents and new crop contracts down 3 to 5...
Barchart · Wed Jul 8, 12:12PM CDT
The wheat complex is trading with midday losses on Wednesday. Chicago SRW contracts are posting 2 to 8 cent losses on Wednesday. KC HRW futures are showing...
Barchart · 24 minutes ago
Soybeans faded off the early gains on Wednesday, as buyers of the Chinese rumor were selling the fact. Contracts were down fractionally to 5 ½ cents at...
Barchart · 24 minutes ago
Corn futures fell back on Wednesday after rallying nearly 40 cents off the lows last week, with contracts down 3 to 8 ¾ cents at the close. The CmdtyView...
Barchart · 24 minutes ago
The wheat complex closed the midweek session with weakness across the three markets. Chicago SRW contracts closed with Wednesday losses of 7 ¾ to 10 ¾...
Barchart · 24 minutes ago
Live cattle futures rounded out the Wednesday session with contracts 35 to 85 cents lower. Cash has been slow early this week with very little action early....
Barchart · 24 minutes ago
Cotton futures saw modest weakness on a Wednesday correction, with contracts 6 to 73 points lower. The outside markets were generally stronger, as Crude...
Barchart · 24 minutes ago
Lean hog futures closed Wednesday with gains of $1.05 to $3.87. USDA’s national base hog price was reported at $97.79 on Wednesday afternoon, up $1.37...
Barchart · 1 hour ago
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