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Barchart
Barchart
Austin Schroeder

THE TRUTH ABOUT: Corn slipping on thursday as usda raises world stocks | History Defined

USDA United States Oil CmdtyView South Korea

Corn futures are trading with 3 to 5 cent losses at Thursday’s midday, as USDA showed increased world stocks. The CmdtyView national average Cash Corn price was down 4 1/4 cents at $4.03 1/2. Crude oil is back up $3.21 so far on Thursday.

South Korean importers purchased 136,000 MT of corn in tenders overnight, following the purchases from Wednesday. USDA’s flash reporting system suggested it was US origin, reporting a private export sale of 136,000 MT of corn to South Korea this morning

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