Monday, 16 May 2011
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Corn Advances Most in a Week as Weather Curbs Crop Prospects; Wheat Rises
Corn rose the most in a week in Chicago and wheat gained on concern wet weather will delay planting in the U.S. Midwest as dry weather in the southern Plains and Europe hurts winter-wheat prospects. About 40 percent of the U.S. corn crop, the world's biggest, was planted as of May 8, below last year's 80 percent and the five-year average of 59 percent, the U.S. Department of Agriculturesaid in a
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