U.S. Corn Market Shifts Focus to Exports — Market Talk
Bullish strength: 30/100
- Corn export activity has been picking up in recent weeks.
- The USDA lowered its corn crop estimate.
Bearish strength: 70/100
- Corn futures fell 1.1% on CBOT.
- The USDA cut its annual export estimate by 25 million bushels.
- Insufficient export growth could trigger further reductions in USDA export demand estimates.
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