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CHICAGO (Commodity Online): US corn futures end higher, rallying on renewed export demand.

Fresh sales announced to Mexico and South Korea gave the market a lift, encouraging bulls who've been waiting for demand to shift to the US as prices drop and South America production prospects look weak.

Strengthening cash prices are also fueling gains, as buyers try to pry grain loose from farmers reluctant to sell, traders add.

CBOT March corn ends up 12 1/2c to $6.06 per bushel.

Courtesy: CME Group

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