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Corn Slipping Even as Acres Hit Below Expectations

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Corn is sticking withing a couple cents of unchanged so far on Monday ’s midday.

The quarterly USDA Grain Stocks report showed 4.643 bbu of corn in stocks on June 1 .

The annual Acreage report indicated 95.203 million acres of corn planted this spring .

That was just 123,000 below the March Intentions report.