date:Jun 27, 2013
July corn traded unchanged early in the session but managed to find support late in the day as cash basis levels remain above delivery ahead of first notice day.
Ethanol processors remain aggressive bidders and the river market was mostly steady today. December corn traded lower throughout the session following a modest improvement in the crop conditions released yesterday and finished the day in the red.
Many in the trade continue to see improvement in the crop going forward given the non-thr