Monday, 11 April 2011

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Morning markets: corn sets record, as Wasde fears diminish

  • Monday, 11 April 2011
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  • The weekend cleared further doubts that latest US data on corn inventories were not quite as bearish as they first appeared. Indeed, corn set a fresh record in electronic trading in Chicago, of 7.83 � a bushel, for May delivery (an all-time high for a spot contract) before caution set in ahead of the live trading session, which is the real trend-setter. Friday's estimate, in the US Department



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