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“Prices fell $.03-$.04 today while spread finished mixed. Dec-25 slipped back below the 100-day MA, as well as yesterday’s low. Next support is at the 50-day MA at $4.16 ¾. A Reuters poll indicates traders and analysts feel U.S. corn harvest has reached 59%, below the YA pace of 62% however ahead of the 5-year average of 57%. IMO prices have also been negatively impacted by increased tensions with Colombia,” according to Mark Soderberg with ADM Investor Services.





