Corn Futures See Late Session Strength Amid Mixed Market Signals
On Wednesday, corn futures showed late-session strength despite closing with losses of 1.5 to 2.25 cents across the board. The CmdtyView national average Cash Corn price fell by 1.5 cents to $4.89 per bushel. According to the weekly EIA report for September 4th, ethanol production remained steady at 1.099 million barrels per day and is up 4.17% compared to last year. Ethanol stocks increased by 33,000 barrels to reach a total of 25.22 million barrels, which marks an 11.58% increase from the same period in 2025. Refiner inputs rose slightly while exports saw a notable jump of 14,000 barrels per day to 161,000 bpd. Traders are anticipating Export Sales data due on Thursday morning and expect between 0.7 to 2 million metric tons in corn sales for the week ending September 10th under the 2026/27 marketing year. Canada's initial production report indicated a rise of 11.3% in corn output compared to last year, reaching 16.55 MMT.
Topics: corn EIA report ethanol production futures