Corn prices closed with fractional to 1 ¾ cent losses. Cash corn price averaged $3.63 3/4. Ethanol production dropped by 15,000 bpd, with stocks reduced by 960,000 barrels. Export Sales estimates for corn vary. Brazil exported 2.434 MMT of corn in July. Corn futures closed slightly lower.

The weekly EIA data showed a drop in ethanol production and stocks. Export Sale estimates for corn vary for old and new crop sales. Brazil exported 2.434 MMT of corn in July. Corn futures closed slightly lower.

Brazil exported 2.434 MMT of corn in July, down from last year. Corn futures closed slightly lower, with cash prices also down slightly.

Corn futures for September, December, and March closed lower. Cash prices were also down slightly. No positions in securities mentioned. Information for informational purposes only. Originally published on Barchart.com.

Read more at Yahoo Finance: Corn Pulls of Lows into Wednesday’s Close