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CBOT corn ends lower after three-year high profit-taking pause

Chicago Board of Trade corn futures finished lower Wednesday as profit-taking followed a three-year high. Traders cited uncertainty around U.S. yields and risks tied to conflict in the Black Sea grain-exporting region.

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Chicago Board of Trade corn futures ended lower on Wednesday on profit-taking after the benchmark contract set a three-year high, but uncertainty about U.S. yields and conflict in the Black Sea grain-exporting region underpinned the market, traders said.