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Market Impact: 0.25

Corn Rallies on Thursday as a Drier Window Opens Up

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsNatural Disasters & WeatherMarket Technicals & Flows

Corn futures rallied into the Thursday close, finishing 4 1/4 to 8 1/2 cents higher, while the CmdtyView national average Cash Corn price rose 8 3/4 cents to $3.87. The move appears tied to limited precipitation forecasts heading into early July across parts of NE and SD, supporting prices. The article is a focused agricultural market update with modest near-term price implications.

Analysis

Corn futures rallied into the Thursday close, finishing 4 1/4 to 8 1/2 cents higher, while the CmdtyView national average Cash Corn price rose 8 3/4 cents to $3.87. The move appears tied to limited precipitation forecasts heading into early July across parts of NE and SD, supporting prices. The article is a focused agricultural market update with modest near-term price implications.

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