Sunday, 24 April 2011
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Corn, Soybeans May Rise as Cold, Wet Weather Slows U.S. Seeding
Corn and soybeans may rise this week as wet, cold weather in the U.S. Midwest threatens to delay planting of the nation's two biggest crops, eroding yield prospects. Twenty-four of 31 traders and analysts surveyed from Tokyo to Chicago on April 21 said corn will rise, and 25 respondents forecast a gain for soybeans. Last week on the Chicago Board of Trade, corn futures for July delivery dropped
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