date:Nov 09, 2012
p from last week.
This crop year's cumulative corn used for ethanol production for this crop year is 765.9 million bushels. Corn use needs to average 86.5 million bushels per week to meet this crop year's USDA estimate of 4.5 billion bushels.
November Rice finished down 0.1 at 14.935, equal to the high and equal to the low.
Soy Futures Closed Lower
November Soybeans finished down 8 at 1508 3/4, 14 off the high and 8 1/2 up from the low. January Soybeans closed down 8 1/2 at 1507. This was 9