Thursday, 10 March 2011
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U.S. wheat, corn extend losing streak; soy rebounds
(Reuters) - Corn and wheat prices fell on Thursday, pressured by a strong dollar, plunging equities markets and fears that a setback in the global economy will lower demand for agricultural commodities. Soybean prices rose after three sessions of declines as an early drop below their 100-day moving average kindled buying by bargain hunters and end users. "What we saw in the soybeans was heavy
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