Corn futures fell decrease on Tuesday, with entrance months 13 to fifteen cents within the crimson and new crop December down simply 5 ¾ cents. The close by CmdtyView nationwide common Money Corn worth was down 13 1/4 cents at $4.36 1/4. 

USDA reported a non-public export sale of 120,000 MT of corn to Spain this morning for 2024/25 cargo.

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After the bounce again final week, EIA ethanol manufacturing knowledge is anticipated to be regular to barely decrease within the report that can be out on Wednesday.

Crop Progress knowledge from Monday afternoon confirmed the US corn crop at 24% planted as of April 27, which is forward of the 5-year common at 22% for that date. Some ECB space states have been lagging their regular planting tempo, with IL, IN, KY, NC, PA, TN, and WI all behind. Precipitation for the subsequent week is proscribed within the Northern Plains, and over to IA, MN, and WI. Lighter totals are seen in IL, and IN.

A Taiwan importer bought 65,000 MT of US corn in a young in a single day. A South Korean import bought a complete of 66,000 MT of corn in a young on Tuesday.

Might 25 Corn  closed at $4.60 1/2, down 15 cents,

Close by Money  was $4.36 1/4, down 13 1/4 cents,

Jul 25 Corn  closed at $4.70 1/4, down 13 cents,

Dec 25 Corn  closed at $4.44 1/2, down 5 3/4 cents,

New Crop Money  was $4.07, down 6 cents,

On the date of publication,

Austin Schroeder

didn’t have (both straight or not directly) positions in any of the securities talked about on this article. All data and knowledge on this article is solely for informational functions. For extra data please view the Barchart Disclosure Coverage

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