Friday, 1 July 2011

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Corn plummets to 3-1/2-month low

  • Friday, 1 July 2011
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  • By Pratima Desai (Reuters) - Corn prices plummeted to 3-1/2 month lows on Friday on a report from the U.S. government which said stocks and sowing areas were both larger than market expectations. Industrial commodities copper and crude oil came under pressure after surveys showed June factory activity in China grew at its slowest pace in 28 months, while gold's appeal was diminished by Greece's



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