Tuesday, 10 May 2011

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CBOT corn outlook: Up on slow planting in eastern Midwest

  • Tuesday, 10 May 2011
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  • U.S. corn futures are expected to start stronger Tuesday as traders worry farmers will harvest a smaller-than-expected crop next fall due to planting delays in the eastern Midwest. Traders predict corn for July delivery, the most-actively traded contract, will open 5 cents to 7 cents a bushel higher at the Chicago Board of Trade. In overnight electronic trading, the contract rose 7 1/2 cents, or



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