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Markets Print edition: 2020-12-16

CBOT corn futures firm

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By Reuters

CHICAGO: US corn futures ended firm after trading in negative territory for much of the session on Monday, with technical buying and short-covering providing support.

Weakness in the wheat market weighed on corn futures, limiting the gains.

The most-active Chicago Board of Trade corn futures contract hit its highest since Dec. 1 overnight.

Consolidation trade for the benchmark CBOT corn futures contract closed above its 10-day and 30-day moving averages.

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