Tuesday, 15 February 2011

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Large specs bet against US corn before govt report

  • Tuesday, 15 February 2011
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  • * Noncommercials place bets against corn market * Corn prices surge after specs add shorts * Large specs boost net long in CBOT soybeans, wheat (Updates with analyst quote, corn price) By Mark Weinraub CHICAGO, Feb 11 (Reuters) - Large speculators trimmed their net long stakes in Chicago Board of Trade corn futures and options by adding shorts to their position as prices approached 2-1/2-year



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