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Barchart
Barchart
Austin Schroeder

Corn Holding Steady on Wednesday Morning

Corn futures are steady so far on Wednesday AM trade, with contracts fractionally mixed. Bulls missed the turnaround part of the Tuesday session, as futures closed with losses of 3 to 5 cents. Preliminary open interest was up 28,273 contracts on Tuesday. The CmdtyView national average new crop Cash Corn price was down 3 3/4 cents at $3.67 3/4.

Weekly ethanol production will be updated on Wednesday, with some looking for a slight drop in output during the week of July 25.

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