Monday, 11 April 2011
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Morning markets: corn sets record, as Wasde fears diminish
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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