date:Aug 02, 2013
The corn market traded higher into the closing bell, led by gains in the September contract. Traders noted active bull spreading in the Sept/Dec spread today.
Bids were firm in the western Corn Belt midday while softer on the river for nearby shipment due to slow export demand.
Ethanol production for the week ending July 26th averaged 832,000 barrels per day, down 2.5% vs. last week but up 2.8% vs. last year.
Total production for the week was 5.82 million barrels. Corn used in last week's pro