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A U.S. trade official released a statement of their grave concerns about the GMO corn issue with Mexico not being resolved yet, according to Jim Warren of CHS Hedging.
The export demand was great last week even though demand remains well behind the pace to make USDA objectives. China is now moving rapidly to open the economy and allow people to move around with no lockdowns so the demand could start to improve, according to Jack Scoville of Price Futures Group.