Corn Futures Steady To Lower

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March Corn on Tuesday had the lowest close since the middle of the month. Export news was a sale of 157,500 tonnes of U.S. corn to Mexico and the demand news did not provide much support. The sell-off in wheat dragged corn lower. Lower prices may be needed to draw in more demand. March Corn is unchanged to lower Wednesday morning, down 1 at 405 1/2. July Corn is down 3/4 cent at 421. Traders should expect a holiday trading session; wide ranges are possible.
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