Friday, 18 February 2011

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U.S. corn sets new high, then slips on China move

  • Friday, 18 February 2011
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  • * China central bank move weighs on commodity complex * Corn sets new peak early, fundamentals still supportive * Wheat market eyes Chinese drought (Adds details, quotes) By Nigel Hunt LONDON, Feb 18 (Reuters) - Wheat, corn and soybean prices dipped on Friday, tracking broad-based losses in other commodity markets, although the setback was expected to be shortlived as background fundamentals



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