Wednesday, 4 May 2011
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CBOT corn outlook: Up slightly on supply worries, cash market
U.S. corn futures are poised to open slightly higher Wednesday on support from firm cash prices, while a modest pickup in the planting pace limits the markets. Chicago Board of Trade futures are expected to open 1 to 2 cents higher. In overnight trade, corn for May delivery was flat at $7.19 per bushel, and July corn gained 1 cent, to 7.24. The December contract, which reflects supplies from
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