Corn Futures Dip, Brazil Ethanol Production Estimates Upped
Update: 2025-11-05
Description
Corn futures dip slightly, with cash price falling three cents, reflecting a minor market shift. S&P Global projects US corn yield at 185.5 bushels per acre, with total production expected at 16.803 billion bushels. Brazil's CONAB increases ethanol production projections for 2025-2026. Cocoa and coffee prices surge due to index inclusion and weather concerns, while China resumes soybean and wheat purchases, indicating renewed market activity.
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