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“Corn is trading lower this morning following significant gains on Friday and in general last week,” Total Farm Marketing said. “December corn gained back 15-1/2 cents on the week after making new contract lows… Friday’s Commitment of Traders report saw funds buying back corn as of July 15. They bought back 29,106 contracts, which reduced their net short position to 174,755 contracts. They likely bought back more contracts in the following days.”





