Monday, 18 April 2011
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Corn, Soybeans May Rise as Wet, Cool Weather Stalls Planting
Corn and soybeans may rise this week as wet, cool weather may delay planting in Canada and the U.S., increasing the risk of reduced acreage and yields. Twenty-two of 31 traders and analysts surveyed from Tokyo to Chicago on April 15 said corn will advance, and 19 of 32 respondents forecast a gain for soybeans. Last week on the Chicago Board of Trade, corn futures for July delivery dropped 3.2
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