CHICAGO: US corn futures dipped slightly on Wednesday, snapping a streak of three straight days of higher closes on some mild profit taking.
Traders said that recent export sales to China have underpinned the market but more deals were needed to drive prices up further.
Concerns about heat and dryness reducing harvest expectations in the US Midwest kept prices from falling further on Wednesday.
The corn market traded close to unchanged for much of the session after the most-active contract hit its highest since July 10 on Tuesday.
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