The corn market was 3 to 4 cents throughout most contracts on Wednesday. The CmdtyView nationwide common Money Corn worth was up 3 ¾ cents at $3.74.
EIA knowledge can be pushed again to a Thursday launch as a result of Monday vacation, with some seeking to see if ethanol output can proceed to bounce again following final week. Export Gross sales knowledge would usually be pushed to Friday as a result of shutdown, although the federal government shutdown is suspending that. Merchants estimate that corn bookings totaled 0.9 to 2 MMT within the week of 10/9.
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Taiwan bought 65,000 MT of corn from the US of their tender on Wednesday. Two separate South Korean importers bought a complete of 269,000 MT of corn in personal tenders in a single day, with no official origins listed.
Dec 25 Corn closed at $4.16 3/4, up 3 3/4 cents,
Close by Money was $3.74, up 3 3/4 cents,
Mar 26 Corn closed at $4.32 1/4, up 3 cents,
Could 26 Corn closed at $4.41, up 3 cents,
On the date of publication,
Austin Schroeder
didn’t have (both instantly or not directly) positions in any of the securities talked about on this article. All info and knowledge on this article is solely for informational functions.
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