International Corn Market
03-Jul-2025 09:05 AM
International Corn Market
Due to Independence Day on Friday, Thursday will be the final trading day of the week.
According to the weekly EIA report released earlier this week, ethanol production for the week ending June 27 fell to 1.076 million barrels per day, down 5,000 bpd from the previous week. Ethanol stocks declined by 287,000 barrels to 24.117 million barrels. Ethanol refiner inputs rose by 12,000 bpd to 925,000 bpd, while ethanol exports increased by 21,000 bpd to 131,000 bpd.
The USDA Export Sales report will be released Thursday morning. Traders expect corn sales for the week ending June 26 to range between 400,000 and 1 million metric tons, with new crop sales estimated between 500,000 and 900,000 metric tons.