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Barchart
Barchart
Austin Schroeder

Corn Slipping Back Early on Thursday Morning

CmdtyView Ethanol

Corn price action is down 1 to 2 cents so far on Thursday AM trade. Futures posted 3 to 5 ¼ cent gains across the board on Wednesday despite early session weakness. Open interest suggested a rotation of ownership, down just 116 contracts. The CmdtyView national average Cash Corn price was up 4 3/4 cents to $4.25 3/4.  

EPA Administrator Lee Zeldin announced a waiver this morning allowing E15 sales starting May 1, following a pattern from previous years of lifting the fuel restrictions during the summer months. 

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