Thursday, 2 June 2011
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CBOT corn outlook: Flat as traders view crop problems, demand
CHICAGO (Dow Jones)--U.S. corn futures are expected to open flat Thursday as ongoing weather troubles are balanced by worries of weaker demand. In overnight trade, corn for July delivery at the Chicago Board of Trade was down 3/4 cent to $7.57 3/4 per bushel. December corn, which reflects supplies from this year's crop, was up 1/2 cent to $6.80. Prices were initially weak in overnight actions
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