Corn and wheat ease in a day of profit taking
date:Apr 29, 2016
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US energy data showed weekly ethanol production was down 12,000 barrels to 927,000 barrels per day.

Stocks of the corn-based biofuel were also lower, at 21.6m barrels, down by 417,000 barrels.

But the Argentinian government announced a 2% boost to the minimum amount of ethanol that must be blended into gasoline, to 12%.

Still, ethanol prices were down by 0.6% in afternoon deals, at $1.534 a barrel.

July corn futures finished down 0.6%, at $3.80 a bushel.

Northern Hemisphere in good co
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