Saturday, 16 April 2011
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Corn Falls as Demand for U.S. Supplies May Slow; Soybeans Gain
April 15 (Bloomberg) -- Corn fell, heading for the first weekly drop in a month, on speculation that rising supplies in South America may slow overseas demand for crops from the U.S., the world's biggest exporter. Soybeans rose. Argentina will harvest 20 million metric tons of corn this year, up from 19.5 million tons estimated last month, the Buenos Aires Cereals Exchange said yesterday.
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