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“Corn futures are trading higher this morning as the market continues to find support following recent losses,” Total Farm Marketing said. “May corn is up 3-1/4 cents at $4.46-1/2, while December corn is 3-1/4 cents higher at $4.73-1/2. Ongoing constraints through key Gulf shipping routes have tightened global supplies of nitrogen-based fertilizers such as ammonia and urea, pushing input costs higher ahead of the U.S. planting season. This is raising concerns that higher production costs could influence planting decisions, potentially shifting acreage away from corn and toward less fertilizer-intensive crops like soybeans.”





