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Corn futures are modestly higher this morning, with May corn up 1 cent at $4.39, while new-crop December futures are 1/4 cent higher at $4.64, according to Total Farm Marketing’s Feb. 25 Morning Update.
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“Traders may now turn their focus to fund positioning following the report. In the latest Commitment of Traders data, managed money increased …
“Prices were steady to $.02 lower while spreads weakened. May-26 has MA support near $4.48. Corn used for ethanol production in Feb-26 at 425 …
“USDA announced weekly corn export sales on Thursday morning,” Total Farm Marketing said. “For the week ending March 19, USDA reported new cor…
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