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Corn Holding Gains at Midday

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Corn futures are buying and selling with contracts 1 to 2 cents greater at noon. The CmdtyView nationwide common Money Corn value is up 2 1/4 cents at $3.98 1/4.

After a close to month and a half hiatus, USDA launched their Crop Progress report exhibiting 91% of the corn crop harvested as of 11/16, behind the 94% common harvest tempo over the past 5 years.

A South Korean importer bought a complete of 65,000 MT of corn in a young on Tuesday, seemingly US origin.

Dec 25 Corn is at $4.36 3/4, up 2 cents,

Close by Money is at $3.98 1/4, up 2 1/4 cents,

Mar 26 Corn is at $4.49 1/2, up 1 1/2 cents,

Might 26 Corn is at $4.56 3/4, up 1 1/4 cents,

On the date of publication, Austin Schroeder didn’t have (both straight or not directly) positions in any of the securities talked about on this article. All info and knowledge on this article is solely for informational functions. This text was initially revealed on Barchart.com



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