Corn prices are down 1 to 2 cents so far on Wednesday morning trade. Futures were 2 to 3 cents higher at the Tuesday close. The CmdtyView national average Cash Corn price was up 2 1/2 cents at $3.94 1/4.
The Treasury issued guidance on the 45Z tax credit on Tuesday morning. They still need to go through a public hearing process, which is scheduled for May.
May 26 Corn closed at $4.35 3/4, up 2 1/4 cents, currently down 1 1/2 cents
Jul 26 Corn closed at $4.42, up 2 1/4 cents, currently down 1 1/2 cents
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Austin Schroeder
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