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Corn and Energy Prices Climb as Middle East Tensions Threaten Supply

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The Story

News Summary

  • Corn futures have rallied toward $5.50 per bushel following bullish USDA WASDE data, decade-low carryout, and elevated energy prices fueled by Middle East tensions.
  • Firm crude oil and gasoline prices support ethanol blending demand, reinforcing upside momentum across energy and agricultural commodities.
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