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Corn Heads Higher After Dropping Seven Straight Sessions

Rebound in the price of ethanol helped life grain from September 2016 low

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U.S. corn futures rose for the first time in eight sessions on Tuesday as a rebound in the price of ethanol helped lift the grain up from a September 2016 low, reports Reuters.

U.S. farmers plan to plant their biggest corn acreage in eight years this spring; say the grain is the best option in a tough farm economy despite weak demand from the biofuel industry as the coronavirus spreads.

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