Corn futures posted gains across most contracts on Tuesday, with contracts fractionally to 2 cents higher. The CmdtyView national average Cash Corn price was up 1 cent to $4.06 3/4. Crude oil strength remains supportive.
USDA reported a private export sale of 196,000 MT of corn to unknown destinations this morning.
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EIA data will be released on Wednesday, with ethanol production expected to be steady in the week ending last Friday.
A couple separate tenders from South Korean importers saw a total of 133,000 MT purchased overnight.
Mar 26 Corn closed at $4.34 1/4, up 1 cent,
Nearby Cash was $4.06 3/4, up 1 cents,
May 26 Corn closed at $4.46 1/2, up 3/4 cent,
Jul 26 Corn closed at $4.55 1/2, up 1 1/4 cents,
