Corn Mar '22 (ZCH22)
Corn Futures Market News and Commentary
Corn futures are trading with 1 to 2 cent gains so far on Wednesday. There were 36 deliveries against May futures overnight. The CmdtyView national average Cash Corn price is up 2 cents to $4.41.Â
Weekly EIA data from this morning showed a 65,000 barrel per day hike in ethanol output in the week ending on May 8, taking the total to 1.082 million bpd. Ethanol stocks saw a draw of 1.15 million barrels to 24.87 million barrels. Ethanol exports were up 23,000 barrels per day to 162,000 bpd, with refiner inputs up 6,000 bpd to 908,000 bpd.
The May WASDE report from Tuesday saw a 15 mbu increase to the US ending stocks projection to 2.142 bbu. The first 2026/27 US balance sheet from the World Ag Outlook Board showed an ending stocks at 1.957 bbu. On the world side, Brazil production was raised 3 MMT by USDA to 135 MMT, with Argentina up 7 MMT to 59 MMT.Â
Export Sales data will be released on Thursday, with traders looking for old crop corn business in the week of 5/7 at... Read more
Swift Trading Company · Wed May 13, 2:18PM CDT
Exceptional volatility and price expanse continued today.
Barchart · Wed May 13, 12:18PM CDT
Corn futures are trading with 1 to 2 cent gains so far on Wednesday. There were 36 deliveries against May futures overnight. The CmdtyView national average...
Barchart · Wed May 13, 12:18PM CDT
The wheat complex is showing a modest correction on Wednesday following the Tuesday limit gains. Chicago SRW is down 1 to 2 cents at midday. KC HRW futures...
Barchart · Wed May 13, 12:18PM CDT
Soybeans are posting with 4 to 7 cent gains across most contracts on Wednesday. The cmdtyView national average Cash Bean price is up 6 1/4 cents at $11.67....
Barchart · Wed May 13, 10:52AM CDT
July corn futures present a buying opportunity on more price strength.
Barchart · Wed May 13, 7:25AM CDT
Wheat is trading mixed on Wednesday morning, with Chicago on a weaker note, The wheat complex was in rally mode on Tuesday, hitting the limit in a few...
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