Thursday, 30 June 2011

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Corn Prices Plunge Amid Supply Increase

  • Thursday, 30 June 2011
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  • Reuters - Corn futures plummeted more than 10% in early trading on Thursday after a U.S. government report said farmers were able to seed far more corn acres this spring than many analysts expected and that supplies are not as tight as many thought. Despite excessively wet conditions, a scramble to get corn seeded in key growing areas that was fueled by high prices has set the stage for a



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