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Market Impact: 0.2

Corn Pulling Back as Traders Square Up Ahead of USDA Report

Source: Nasdaq

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & Flows

Corn futures were down 4-5 cents in Friday morning trading as traders reduced exposure ahead of upcoming USDA reports, following Thursday gains of 5-7 cents. There were 163 deliveries issued against September futures overnight, adding near-term contract-specific supply pressure.

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