Friday, 18 February 2011
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Weakness in corn, wheat should be shortlived
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 remained supportive, dealers said. Oil and many other commodity markets sensitive to Chinese demand fell on Friday after China increased lenders' reserve requirement as it seeks to tackle inflation. "Grains are
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