4/19/2024 8:00 am

Corn is slightly higher after the Israel attack as funds scale back risk heading into the weekend.

Volatile markets last night after Israel responded to the Iran attack with a limited/targeted missile/drone attack against military facilities near Isfahan. But markets have reversed course and calming down after Iran said they "defeated" the attack and will not respond to it.

With Panama Canal allowing more ships through on a daily basis, it's putting US Gulf in a better position.

Interior US corn basis levels holding strong as US farmers want $4.75-5.00 cash before letting more old crop corn go.

US weather maps continue to see wet conditions in the ECB into 1st week of May...something to monitor from planting progress POV. French corn plantings running behind due to wet weather..12% complete vs 26% normally.

US EPA expected to announce today temporary allowance of E-15 for summer time use!  GREAT NEWS!!!

4/11/2024

 USDA April Report!!