Wednesday, 29 June 2011

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US corn snaps back on bargain hunting after sell-off

  • Wednesday, 29 June 2011
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  • SYDNEY: US corn futures rose more than 1 percent in early Asian trading on Tuesday as end users and bargain hunters stepped back into the market after prices tumbled on Monday as fears of slowing global growth rattled commodities markets. Chicago Board of Trade (CBOT) corn for July delivery climbed 1.48 percent to $6.36 per bushel, recovering from a 1.4 percent fall on Monday. Wheat for July



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