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Corn closed mixed after opening sharply lower last night in a resilient show of strength.
Corn managed to close higher in a sea of red following lower opens across the board.
Outside markets saw heavy selling today forcing short-covering as traders are opting to let the dust settle.
Corn, soybeans and wheat each gapped lower on last night’s open as tariffs proved to be more restrictive than expected.
Weekly wheat sales during the week ended March 27 were more than triple the previous week’s figure, exceeding the pre-report range, while corn and soybean sales rose 13% and 21%, respectively.