Saturday, 2 April 2011

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CBOT corn outlook: Sharply higher on renewed supply fears

  • Saturday, 2 April 2011
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  • U.S. corn futures are expected to start near a 2 1/2-year high Friday as a lower-than-expected government supply estimate continues to fuel gains. Traders and analysts predict corn for May delivery, the most-actively traded contract, will open 40 to 45 cents a bushel higher at the Chicago Board of Trade. The daily trading limit is expanded to 45 cents after several contracts climbed the standard



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