Thursday, 17 March 2011
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Corn, Wheat Advance as 9.5% Price Decline Attracts Importers, Investors
Corn and wheat climbed for the first time in three days on signs that a price slump prompted byJapan's strongest earthquake on record and subsequent tsunami is spurring demand from importers. Soybeans rose for a second day. Corn for May delivery gained as much as 1.7 percent to $6.2725 a bushel and traded at $6.24 a bushel at 10:29 a.m. Seoul time on the Chicago Board of Trade. The price plunged
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