Thursday, 10 March 2011
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USDA Edges Up Outlook on Global Grain Supplies
Forecasters at the U.S. government eased concerns about grain supplies low, increasing slightly the estimates of global supplies of corn, wheat and soybeans, while leaving domestic supplies projected mostly unchanged. The U.S. Department of Agriculture in its monthly crop forecast still shortages of basic foods, however, seen as the stabilization of the inventory of South American countries
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