Heartland Ag Edge
Heartland Ag Edge
Corn Prices Rally on Record Ethanol Sales and Export Surge
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Corn Prices Rally on Record Ethanol Sales and Export Surge

Corn prices surged to near recent highs on strong ethanol sales and robust export numbers, while wheat struggled amid trade uncertainties and dry weather concerns in the Plains.

Grain futures are higher as well. Corn is sharply higher today, back to last week’s highs before tumbling about 15 cents from $4.70. We’re right back up there now. Recall yesterday’s strong ethanol numbers—320.5 million gallons were ground, a record for this time of year. That propped corn up yesterday, and this morning, export sales came in strong. We …

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