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Corn Slipping Lower on Tuesday
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Corn futures are in the red on Tuesday’s midday, with contracts down 1 to 2 cents across most front months. The CmdtyView national average Cash Corn price is down a penny to $3.93 1/2. EIA data will be released on Wednesday morning, with some analysts looking for ethanol production to be steady from the week prior in the week that ended on 2/20. Coffee Prices Fall on the Prospects for a Bumper Crop in Brazil Improved Brazil Coffee Crop Prospects Weigh on Prices Surging Winter Wheat Prices Are Lifting Grain Futures Across the Board. What to Watch Next. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Brazil’s ANEC estimates the country’s February export total for corn at 1.13 MMT, steady with the 1.12 MMT estimated last week. Mar 26 Corn is at $4.26 1/2, down 1 cent, Nearby Cash is at $3.93 1/2, down 1 cent, May 26 Corn is at $4.38, down 2 1/4 cents, Jul 26 Corn is at $4.47, down 1 3/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com