Corn futures ended the midweek session near their lows for the day, and were at their lowest since March 3rd. For May the 3.7% loss was a 28 cent drop, while the other nearbys were down 2.6% to 3.6% on 17 to 26 1/4 cent losses. News from this morning had Russia and Ukraine discussing a ceasefire, though later reports suggested no agreement was made.  Weekly EIA data showed 1.026 million of barrels of ethanol were produced during the week that ended 3/11. That was 2k bpd lighter on the week, though stocks built 674k barrels to 25.945 million. In the PADD 2 Midwest stocks remain at record levels, with 10.43m reported compared to the all time record 10.79m in Feb. Ethanol stocks in all PADD districts are still down from the Covid record of 27m barrels in April of 2020. Pre-report export sales estimates for corn from the week that ended 3/10 are to see between 700k MT and 1.4 MMT of old crop reported. New crop bookings are estimated to be below 200k MT.  South Korea’s MFG booked 65k MT of optional origin corn – with no tender issued. Brazilian export data showed 55k MT of corn was shipped last week, up from 0 MT the week prior.  May 22 Corn  closed at $7.30, down 28 cents, Nearby Cash   was $6.96 3/8, down 26 1/4 cents, Jul 22 Corn  closed at $6.97, down 26 1/4 cents, Dec 22 Corn  closed at $6.29 3/4, down 21 1/2 cents, New Crop Cash   was $6.15 3/8, down 22 1/4 cents,