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Austin Schroeder at Barchart.com said, “Corn price action is steady to a penny lower on Thursday morning. Futures settled Wednesday with losses of 6 to 7 ¼ cents across most contracts to extend to new contract lows for several front months. Lack of a threatening forecast moving into July is putting pressure on the market.” The Hightower Report said, “Nebraska and parts of Iowa saw some rain overnight and better precipitation is on the way for the central and north-central Midwest, which will keep crop conditions above average. No extreme heat is in the forecast for the next 2 weeks for the bulk of the Midwest and early pollination the first week of July looks favorable. Some private forecasters are warning of a pattern change in the second half of July but that is too far out to have much confidence.”





