Corn Futures Rise as Ethanol Production Increases

Reported 14 days ago

Corn futures are experiencing a rise of 4 to 5 ¼ cents on Thursday, with the national average cash corn price reaching $3.79 ½. A slight increase in ethanol production, reported at 1.074 million barrels per day, has contributed to this uptick, despite a reduction in stocks. Traders are anticipating corn bookings of 0.9 to 2 million metric tons for the week ending October 9.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis