International Corn Market Update

15-Jan-2025 08:29 AM

International Corn Market Update

EIA Data: The EIA is set to release data Wednesday morning. Most analysts anticipate steady or declining ethanol production, especially in the Midwest, given the recent rise in stocks.

CONAB Report: Brazil's corn production estimate was released today, showing a slight decrease of 0.08 MMT to 119.55 MMT.

ANEC Export Forecast: ANEC projects Brazil's January corn exports at 2.98 MMT, up by 0.8 MMT from previous estimates.