Monday, 28 March 2011
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U.S. grain and soy review: Corn sinks on lack of fresh demand
U.S. grain futures tumbled Monday as traders looking for more evidence of corn sales to China came up empty. Corn for May delivery, the most-actively traded contract, closed down 18 1/2 cents, or 2.7%, at $6.71 a bushel at the Chicago Board of Trade. Wheat and soybean futures also weakened. Traders were disappointed the U.S. Department of Agriculture did not announce fresh export business after
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