International Corn Markets

19-Dec-2024 08:09 AM

International Corn Markets
Corn Export to Colombia:
The USDA reported private export sales of 135,000 MT of corn to Colombia for the 2024/25 shipment.
Ethanol Production and Stocks:
Ethanol production increased to 1.103 million barrels/day in the week ending December 13, up 25,000 barrels/day from the previous week.
Ethanol stocks slightly declined by 12,000 barrels, totaling 22.636 million barrels.
Weekly exports of ethanol rose to 163,000 barrels/day, an increase of 40,000 barrels/day.
Refiner inputs for ethanol increased by 20,000 barrels/day, reaching 903,000 barrels/day.
Upcoming Export Sales Report (Thursday):
Expected 2024/25 corn sales: 0.8 to 1.6 MMT.
Expected 2025/26 corn sales: 0 to 100,000 MT.