WheatCommodity Research Bureau - CRB - Wed Feb 25, 4:33PM UTC
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Corn futures closed almost a nickel higher, despite export sales that fell slightly short of the trade expectations, and a sharply higher US Dollar Index. Corn shipments to Asia through the Pacific Northwest rebounded in the week ended Feb. 19, however and grain plus soybean inspections increased 46% from the prior week and were the highest since December. An agreement between shippers and union workers is awaiting ratification by both sides, but full operations have resumed in the PNW Gulf after grain inspections fell to their lowest since early January.