Monday, 7 March 2011
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Corn stocks to rise if ethanol tax credit cut: FAPRI
(Reuters) - Stockpiles of U.S. corn would begin to rebuild if Congress allows tax credits for ethanol expire at the end of the year, a key group of economists at the University of Missouri said on Monday. The university's Food and Agricultural Policy Research Institute, or FAPRI, forecast corn stocks at the end of the 2011/12 marketing year of 1.247 billion bushels, 44 percent above the 865
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