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Market Impact: 0.2

Corn Falling Back on Monday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsTrade Policy & Supply Chain

Corn futures are trading 4 to 5 cents higher in the front months; the CmdtyView national average Cash Corn price rose 4 3/4 cents to $4.15 3/4. USDA reported a private export sale of 145,000 metric tons of corn to unknown destinations, and USDA FGIS provided additional physical-tally data (article cut off), suggesting modest demand support for nearby corn values.

Analysis

Corn futures are trading 4 to 5 cents higher in the front months; the CmdtyView national average Cash Corn price rose 4 3/4 cents to $4.15 3/4. USDA reported a private export sale of 145,000 metric tons of corn to unknown destinations, and USDA FGIS provided additional physical-tally data (article cut off), suggesting modest demand support for nearby corn values.

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