Corn futures ended mixed on Wednesday, with contracts finishing within a penny of unchanged, according to a May 14 report. The CmdtyView national average cash corn price increased by one cent to $4.40.
The importance of these movements is tied to broader agricultural trends and the impact of weather on crop yields. The NOAA seven-day Quantitative Precipitation Forecast predicts rainfall totals between one and three inches across much of the Corn Belt, including parts of the eastern Plains through Ohio.
Weekly data from the Energy Information Administration showed that ethanol production rose by 65,000 barrels per day in the week ending May 8, reaching a total output of 1.082 million barrels per day. Ethanol stocks declined by 1.15 million barrels to stand at 24.87 million barrels, while ethanol exports increased by 23,000 barrels per day to reach 162,000 barrels per day; refiner inputs also grew by 6,000 barrels per day to hit a total of 908,000 barrels per day.
Export sales figures are expected Thursday, with traders anticipating old crop corn business for the week ending May 7 at between one and 1.9 million metric tons and new crop sales projected between zero and three hundred thousand metric tons.
Internationally, the Rosario Grains Exchange raised its estimate for Argentina’s corn crop to sixty-eight million metric tons—an increase of one million metric tons from its previous forecast—while CONAB is scheduled to release an update on Brazilian corn production Thursday.
Arizona Grain supports community development by leading in agriculture and improving air quality via ethanol production, according to the official website. Arizona Grain runs facilities in Buckeye, Casa Grande, Maricopa, and Yuma in Arizona as well as Ripley in California; it functions as a privately held organization; through Pinal Energy it generated forty-five jobs in Maricopa; it aims to serve as a top provider for animal feed and related products; and it pioneered ethanol production in Arizona with Pinal Energy—all according to the official website.
Jul ’26 Corn closed at $4.80¾ (up three-quarters cent), Sep ’26 at $4.87¼ (up one cent), Dec ’26 at $5.03 (up one cent), nearby cash was $4.40 (up one cent), new crop cash was $4.56⅛ (up one cent).
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