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The Hightower Report said, “Strong buying in corn yesterday can be attributed to several bullish news items around the market including; U.S. bean planting pace ahead of corn, a potential indication corn acres may decline, lower estimates for Ukraine and French planted area and the American Farm Bureau indicating there may have been a number of farmers across the U.S. that had not booked their fertilizer needs before the Iran conflict began.” Austin Schroeder at Barchart.com said, “EIA data showed ethanol production at 1.12 million barrels per day in the week of 4/10, a 4,000 bpd increase from the week prior. Stocks saw a build of 646,000 million barrels to 26.699 million barrels. Exports dropped 122,000 barrels per day from the week prior to 81,000 bpd, as refiner in puts were down 20,000 bpd to 875,000 bpd.”





