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Corn futures are trading 1 to 1 1/4 cents lower in the nearby contracts on Thursday. The USDA indicated that 876,394 MT of corn was sold for 2017/18 export during the week ending 11/30, with the range of expectations. That was up 46.27% from the previous week and 15.08% larger than this week last year. Columbia was the largest buyer at 173,700 MT, as Mexico purchased 150,300 MT. US corn exports during the month of October totaled 2.725 MMT, with 1.15 MMT going to Mexico. That was 24.7% lower than last October and down 22.7% from September. DDG exports were also larger than in September.

Dec 17 Corn is at $3.38, down 1 1/4 cents,

Mar 18 Corn is at $3.51 1/2, down 1 1/4 cents,

May 18 Corn is at $3.60, down 1 cent

Jul 18 Corn is at $3.68 1/4, down 1 cent

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