Corn futures closed session with most contracts 4 to 5 cents higher

Corn futures closed session with most contracts 4 to 5 cents higher. The monthly Grain Crush report from the USDA showed that 472.912 mbu of corn was used for ethanol production in March. That is 9.1% larger than March and 2.72% above last year. NASS reported that IA and NE planting progress improved to 17% complete, lagging their respective averages of 27% and 24%. In other parts of the Corn Belt, IL was at 32%, with IN at 8% and OH at 1% planted, all well below the average pace. NASS also showed just 3% of the crop emerged, with none of the major Corn Belt states showing progress.

Maize prices dn in Purnea, near-term outlook bearish

Prices of maize fell in Purnea, Bihar, because arrivals rose. Prices of feed-quality maize remained unchanged at 1,100-1,110 rupees. Arrivals of the coarse grain rose. Arrivals are seen rising in the coming days as harvest is in full swing.