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Commodities Briefing - Categorized | Agriculture, Market Pulse more

Corn rises as high fertilizer costs may reduce U.S. planting

Posted on 26 February 2009

From Bloomberg: Corn rose for the third straight day on speculation that farmers in the U.S., the world’s largest producer and exporter, will plant less this year because of high fertilizer costs.

This week, the Department of Agriculture probably will reduce its forecast for corn acreage from earlier this month, a Bloomberg survey showed. …. Full Article: Source


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