Corn futures are trading with contracts steady to 2 cents higher as July is down ¼ cent. The CmdtyView national average Cash Corn price is steady at $3.86 1/4.
EIA’s weekly update showed a total of 1.108 million barrels per day of ethanol production in the week of June 5, steady with the week prior. Ethanol stocks were down 154,000 barrels to 24.452 million barrels. Ethanol exports were up 20,000 bdp to 155,000 bpd, with refiner inputs of ethanol up 8,000 bpd to 907,000 bpd.
