Amanda Brill at Total Farm Marketing said, “Corn futures posted strong gains Wednesday, supported by short covering and technical buying as traders squared positions ahead of the long weekend.” LSEG raised their U.S. crop production estimate slightly to 400 million tons, just under USDA at 401.8 on good weather. The Hightower Report said, “With yield ideas increasing for the U.S. crop and a great finish to the safrinha crop in Brazil, the question is has the market reached the point of peak supply optimism? If it hasn’t yet occurred, it may be close at hand, especially if pollination in the second half of July projects to go well.” Amanda Brill at Total Farm Marketing said, “U.S. corn is regaining competitiveness on the global market as a weaker dollar and lower prices improve its value relative to South American offers. Brazil’s slower-than-usual harvest is also offering modest support.”