The Corn Funds Are Back In Town. The Corn & Ethanol Report

On the Natural Gas front, the market is waking up to global demand as well with Russia clamping its paws on the EU market which they need more options than one supplier. Today we have the EIA Gas Storage and the Thomson Reuters poll with 16 analysts participating have estimates of builds ranging from 50bcf to 79bcf with the median 66bcf. This compares to the one-year injection of 47bcf and the five-year average of 37bcf. In the overnight electronic session, the May natural gas is currently trading at 2.588 which is 3 cents lower. The trading range has been 2.628 to 2.583.

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