Monday, 16 May 2011
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Corn futures hit 3-day high on U.S. crop concerns
Futures Pros - Corn futures were up for a third day down on Monday, as persistent rain in key U.S. corn-growing regions threatened to further delay planting in the U.S. On the Chicago Mercantile Exchange, corn futures for July delivery traded at USD6.9125 a bushel during European morning trade, jumping 1.17%. It earlier rose to USD6.9938 a bushel, the highest price since May 11. The
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