Corn collapse continues on Thursday

Corn collapse continues on Thursday

Corn futures continued their death spiral selloff from recent weeks, with contracts falling another 5 to 8 1/4 cents by the close. CmdtyView’s national average cash corn price was 7 cents to $3.90. Crude oil losses of $3.11 added some pressure. The USDA this morning reported a private export sale of 115,000 MT of corn…

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Mixed Corn Closing on Thursday

Mixed Corn Closing on Thursday

Corn futures suffered fractional losses of 1¼ cent on Thursday, and deferred ones slightly higher. CmdtyView’s national average cash corn price is up ½ cent to $3.94 1/2. EIA data this morning showed that ethanol production in the week ending February 13 was 1.118 million barrels per day, up 8,000 bpd from the previous week….

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Corn falls on Thursday

Corn falls on Thursday

Corn futures posted losses in most contracts on Thursday, with contracts down between 2 and 4 cents in most months. CmdtyView’s national average cash corn price fell 3 1/2 cents to $3.91. Following the meeting between President Trump and President Xi of China, President Trump posted that China will purchase massive quantities of sorghum, although…

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