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Barchart
Barchart
Austin Schroeder

Corn Bulls Rally Back to Close Higher

Corn futures saw some buying off early lows on Thursday, as contracts closed with 1 to 2 cent gains across the front months. The CmdtyView national average Cash Corn price as up 1 1/4 at $3.75 1/4. 

Weekly ethanol data showed a total of 1.075 million barrels of ethanol per day produced in the week of 8/29, an increase of 5,000 bpd from the week prior. Stocks were 15,000 barrels higher to 22.564 million barrels. 

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