Friday, 25 March 2011
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Wheat, Corn Head for Second Weekly Gains as Stocks May Fail to Meet Demand
Wheat and corn rose in Chicago, heading for the second straight week of gains, on concern grain stocks may be too low to meet escalating demand.The world grain markets will face a "DC" next season even though production may increase, the International Grains Council said yesterday. World cereal production will jump by 4.6 percent to 1.805 billion metric tons in the year to June 2012, while
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