Monday, 4 April 2011
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Corn May Rise on Dwindling U.S. Stockpiles; Soybeans May Gain
Corn may rise after the government said U.S. inventories left from last year's crop on March 1 were smaller than expected. Soybeans may rise as U.S. farmers intend to cut the area planted to a three-year low. Twenty-three of 29 traders and analysts surveyed from Tokyo to Chicago on April 1 said corn will advance this week, and 19 forecast a gain for soybeans. Last week on the Chicago Board of
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