Corn futures closed lower on Wednesday, with most contracts down 4 to 5 1/4 cents. The national average Cash Corn price was $3.74 3/4. Weekly ethanol data will be released on Thursday, with production expected to be steady to slightly lower. An Allendale survey estimated corn yield at 187.52 bpa, with production at 16.631 billion bushels.

Crop Progress data showed a 2 point decrease to 69% gd/ex. The Brugler500 index fell 5 points to 376, the lowest since June. ND saw an 11 point increase, while IL dropped 16 points. Corn prices closed at $3.97 3/4 for Sep 25, $4.18 for Dec 25, and $4.36 for Mar 26. New Crop Cash was $3.74 7/8.

Read more at Yahoo Finance: Corn Posts Wednesday Losses