Corn futures are in the red on Tuesday’s midday, with contracts down 1 to 2 cents across most front months. The CmdtyView national average Cash Corn price is down a penny to $3.93 1/2.
EIA data will be released on Wednesday morning, with some analysts looking for ethanol production to be steady from the week prior in the week that ended on 2/20.
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Brazil’s ANEC estimates the country’s February export total for corn at 1.13 MMT, steady with the 1.12 MMT estimated last week.
Mar 26 Corn is at $4.26 1/2, down 1 cent,
Nearby Cash is at $3.93 1/2, down 1 cent,
May 26 Corn is at $4.38, down 2 1/4 cents,
Jul 26 Corn is at $4.47, down 1 3/4 cents,
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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