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Corn Mar '19 (ZCH19)

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[[ timeframe ]] futures price quotes as of Thu, Dec 13th, 2018.
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Corn Futures Market News and Commentary

Corn futures are fractionally higher ahead of the weekly Export Sales report. Most contracts closed steady to 1 1/4 cents higher on Wednesday. Yesterday morning’s weekly EIA report showed ethanol production for the week of 12/7 at 1.046 million barrels per day. That was down 23,000 bpd from the week prior and well below this time last year. Ethanol stocks were down 140,000 barrels to 22.890 million barrels. Trade estimates for this morning’s weekly USDA Export Sales report are running 1-1.5 MMT for the week that ended December 6. On Tuesday, USDA hiked projected EU 18/19 corn production at 60.4 MMT, up 0.9, with Ukraine up 1.5 to 35 MMT.--provided by Brugler Marketing & Management
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