Corn Prices Decline Amid Ethanol Production Draw and Weather Outlook
On Wednesday, corn futures declined after a recent rally, with contracts falling between 3 to 8.75 cents at close. The Cash Corn price dropped by 9 cents to $4.04 as ethanol production decreased slightly while exports increased. Market participants are awaiting USDA's Export Sales report and the monthly WASDE report for further insights into supply dynamics.
Topics: corn ethanol_production futures_prices