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Corn Bounces of Session Lows into Wednesday’s Close

Source: Nasdaq

Commodity FuturesCommodities & Raw MaterialsEnergy Markets & Prices

Corn futures closed 1.5 to 2.25 cents lower on Wednesday despite late-session strength, while the CmdtyView national average cash corn price declined 1.5 cents to $4.89. Weekly EIA data reported ethanol production of 1.099 million barrels per day, making biofuel demand a key near-term input for corn pricing.

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