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90-day outlook: An extended run of corn prices above $7.00 will eventually curtail demand and prompt a supply response. The market will require sustained demand from both domestic ethanol producers and export markets to maintain elevated levels through spring. China and other top global buyers have stepped up U.S. corn purchases recently, but fresh supplies from South America will soon be entering the pipeline. Updated outlook and forecasts will be shared in this Friday's Pro Farmer newsletter.
