Saturday, 2 April 2011
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Corn Futures Surge Most Since June as U.S. Supplies Ebb; Soybeans Decline
Corn futures surged the most in nine months after inventories slumped to a four-year low in the U.S., the world's biggest exporter. Soybeans fell on rising production in South America. Corn stockpiles on March 1 declined 15 percent from a year earlier as demand for animal feed, fuel and food climbed, the U.S. Department of Agriculture said yesterday. In the week ended March 24, U.S. exports for
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