Corn futures are a penny to 3 cents higher.
- Corn futures are correctively firmer after forging a fresh contract low overnight.
- President Donald Trump asked Congress on Wednesday to approve more than $11 billion in additional aid for farmers facing high fuel and fertilizer costs since the Iran war. The new funding would add to the $12 billion in aid the administration has already disbursed to farmers this year.
- USDA reported weekly corn sales totaled 743,100 MT during the week ended June 18, down 36% from the previous week and 27% from the four-week average. Net sales of 735,900 MT were reported for 206-27. Analysts expected old-crop sales to range from 600,000 MT to 1.3 MMT and new-crop sales from 300,000 MT to 1.0 MMT.
- he U.S. Supreme Court ruled in a 7-2 decision, overturned a jury verdict in Missouri that awarded a Missouri man $1.25 million….
