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Austin Schroeder at Barchart.com said, “Corn price action is mixed to start Wednesday trade. Futures ended the Tuesday session down 2 to 7 cents across the nearbys, as pressure came from wheat and some calming Black Sea tensions.” Amanda Brill at Total Farm Marketing said, “Early estimates for planting intentions see corn acres at 94.4 million with a range between 92.5 and 96.6 million. This compares to the USDA outlook forum’s 94.0 ma and 90.6 ma planted last year.” The Hightower Report said “West-central Brazil is expected to see scattered showers, favorable to early corn development but more rain is needed in southern Brazil and the eastern crop regions. Brazil corn prices are up 23% year to date.”
