“Corn prices were 2-4 cents higher while spreads weakened. Both July ’25 and Dec ’25 closed at about the midpoint of today’s range after earlier enthusiasm from the softer tariff tone from the Trump administration seemed to fade,” Mark Soderberg of ADM Investor Services said. “Ahead of weekend trade talks with Chinese officials in Switzerland, Trump took to Truth Social stating “80% tariff on China seems about right.”
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