CHICAGO: Chicago Board of Trade corn futures ended higher on Monday, rallying from early declines on firm cash markets and positioning ahead of the US Department of Agriculture's quarterly stocks report at midweek, traders said. CBOT December corn settled up 1-1/2 cents at $3.66-3/4 per bushel.
Fresh export sales lent support. The USDA confirmed private sales of 110,800 tonnes of US corn to Japan and another 207,140 tonnes to unknown destinations, all for delivery in the 2020/21 marketing year that began September 1.
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