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“Corn futures are trading slightly lower this morning as trade expects a drop in weekly ethanol production,” Total Farm Marketing said. “May soybeans are down 2 cents to $4.52 while December is down 1-1/2 cents to $4.80-1/4. Estimates for the weekly U.S. EIA report see ethanol production lower than last week at 1.125 mln barrels per day.”





