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Corn Closes Tuesday with Contracts Over $5 Across the Board
Source: Nasdaq
Commodities & Raw MaterialsEconomic Data
Corn futures settled higher for the day, up 7¾ to 10¼ cents, with all contracts closing above $5. Cash Corn (CmdtyView national average) rose another 9 cents to $4.71 1/2, while weekly Crop Progress indicated 86% of the crop stage reported as on track (per the article). Overall, the move is a modest positive signal for near-term corn pricing.
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