Corn futures closed lower on Tuesday, with front months down 2 cents due to technical pressure. The national average Cash Corn price was $3.77. December futures averaged $4.20 this month, influencing crop insurance harvest prices. EIA data to be released Wednesday, potential impact on ethanol production. Analysts estimate a 185 bpa yield for corn, down 1.7 bpa from September. Dec 25 Corn closed at $4.19 3/4, Nearby Cash was $3.77, Mar 26 Corn closed at $4.36 1/4, May 26 Corn closed at $4.45 1/4.
Read more at Yahoo Finance: Corn Falls Back Lower on Tuesday
