“`html
Corn futures declined by 1 to 2 cents on Wednesday, with the CmdtyView national average Cash Corn price at $3.80 1/4, down 2 cents. The USDA reported a private export sale of 312,956 MT of corn to Mexico, designated for the 2025/26 marketing year.
In related data, the EIA reported ethanol production at 1.024 million barrels per day for the week of September 19, a decrease of 31,000 bpd. Even with the drop in output, ethanol stocks rose by 866,000 barrels to 23.468 million barrels, while exports increased by 9,000 bpd to 112,000 bpd.
Additionally, Brazil’s September corn exports are projected at 7.61 MMT, which is an increase of 0.49 MMT from previous estimates.
“`
