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Austin Schroeder

Corn Ticking Higher Following Bull Friendly USDA Report

USDA United States CmdtyView WASDE

Corn futures are trading with fractional to penny gains so far on Tuesday, following friendly USDA report. The CmdtyView national average Cash Corn price is up ¾ cent at $3.96.

The monthly WASDE update from the USDA showed the US ending stocks cut by 100 mbu, with carryout projected at 2.117 bbu. The only major adjustment was a 100 mbu increase to the export projection.

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