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Brian Grete, Pro Farmer, says grains see a healthy correction on profit taking after hitting resistance. Cattle continue to recover with the S&P but for how long?
--Corn for May delivery rose 1.8% to $4.82 1/2 a bushel on the Chicago Board of Trade on Thursday, after the USDA reduced its outlook for corn ending stocks and raised its forecast for export sales. - ...
The amount of corn left over from last spring is smaller than previously forecast, the Agriculture Department said, which may shape the sentiment around U.S. supplies going forward.