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“With projected ending stocks at 1.756 bb and a stocks-to-use ratio of 10.8%, ample supplies could limit rallies unless supported by developments such as worsening South American weather or stronger demand,” Doherty said. “Due to the Veterans Day holiday, the weekly Export Sales report will be released Friday, while the weekly Ethanol Production report is scheduled for Thursday. Traders will be watching both updates for signs of demand strength.”





