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Corn futures RALLIED on Tuesday following a friendly report from USDA. The nearby Mar25 contract gained more than 7 cents per bushel to close at $4.49, its best close since early October. USDA increased its projection for current marketing year US corn exports by a whopping 150 million bushels amid a strong sales pace. The projection for corn demand via ethanol was increased by 50 million bushels. The end result was a 200 million bushels reduction to the 24/25 US carryout projection. Be sure to
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