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“Traders are eyeing Thursday’s weekly export sales report, with expectations for corn sales between 800,000 and 1.3 MMT. Last week’s total came in at 1.561 MMT, highlighting continued strong demand for U.S. corn,” Stewart-Peterson of Total Farm Marketing said. “With First Notice Day for May corn approaching on April 30, producers are under pressure to price basis contracts. Meanwhile, traders holding long positions must exit to avoid delivery — often leading to additional downside pressure in the market.”