Corn futures are down 2 to 3 ¼ cents, with the national average Cash Corn price at $3.82 ¾. Ethanol production fell by 50,000 barrels per day to 1.055 million barrels per day, but stocks decreased as well. USDA predicts 0.5 to 1.9 MMT in corn sales. South Korea bought 65,000 MT of corn, and Stats Canada reported a 1% increase in corn production. Corn prices are down across the board.

Read more at Yahoo Finance: Corn Pulling Back on Wednesday