Mixed reception in grains from inflation at 39 year highs

March corn was able to pick up another 6 cents this week. Today's trade came within 2 3/4 cents of retesting the 11/24 high. Traders are hearing that China has been active with feed procurement and still expects that spotlight to turn to the US in the coming weeks. Inflation this morning was shown to be at 39 year highs.

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