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Market Impact: 0.3
Corn Bulls Pushing Higher Ahead of USDA Stocks Report
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesFutures & OptionsInvestor Sentiment & Positioning
Corn futures gained 1-3 cents early Wednesday as traders positioned ahead of the USDA report. Contracts had closed fractionally to 2.75 cents lower Tuesday, while open-interest data indicated long holders were exiting positions. The USDA release is the near-term catalyst for corn-price direction and could drive contract-level volatility.
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