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Commodities

Strong Dollar, Improved Crop Ratings Weigh on Corn Futures

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Corn
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Corn futures fell on Tuesday as a stronger US dollar and improved crop ratings weighed on prices.

The US dollar's rise against major currencies made imported corn more expensive, which led to lower demand for corn futures. Additionally, improved crop ratings suggested that the current harvest season will yield higher-than-expected yields, further reducing the need for corn futures.

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