Like wheat, corn failed to find a consistent direction on Euronext. August fell by 0.75 euros/ton to 335 euros/ton. On the CBoT, old crop contracts increased slightly, while new crop contracts were weaker. For export sales, market participants are expecting bookings of between 100,000 and 500,000 tons. Ethanol production has increased over the past week, according to the EIA, amounting to 1.06 million barrels per day. Inventories have continued to fall and currently stand at 23.197 million barrels. For US corn cultivation, the analysts at IHS Markit expect an increase to 90.965 million acres and are therefore more optimistic than the USDA.