Tuesday, 26 April 2011
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CBOT corn outlook: Seen starting lower on profit-taking
Profit-taking is expected to weigh on U.S. corn futures in early trading Tuesday, although increasing concerns about cool, wet weather delaying plantings should limit losses. Traders and analysts predict corn for July delivery, the most-actively traded contract, will start 4 to 6 cents a bushel lower at the Chicago Board of Trade. In overnight electronic trading, the contract dropped 4 1/4 cents
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