NEWS
Todd Hultman DTN Grains Analyst
Wed Apr 16, 2014 09:42 AM CDT

OMAHA (DTN) -- July corn is down 4 1/2 cents, July soybeans are up 10 1/4 cents, and July K.C. wheat is up 2 cents. Even though corn prices are trading lower, strong demand for ethanol remains one bullish factor. The U.S. Energy Information Administration said that ethanol stocks were down 400,000 barrels last week to 16.0 million barrels in spite of 939,000 barrels of daily production, up from 896,000 the previous week. Soybeans remain higher with tight U.S. supplies.

Posted 08:39 -- After the 8:30 bell, July corn is steady, July soybeans are up 16 cents, and July K.C. ...

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