Corn Gains to One-Month High on Concern Higher Acreage Won't Boost Stocks

Corn rose to the highest price in almost a month in Chicago, extending yesterday's jump, on concern increased plantings in the U.S. will fail to rebuild global inventories. U.S. stockpiles on March 1 dropped to 6.52 billion bushels, the lowest for the date since 2007, the Department of Agriculture said yesterday. Higher profits will spur farmers to sow corn on about 92.178 million acres, the

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