03.11.2008 - Corn, soybeans may rise as banking bailout revives world demand
From Bloomberg: Corn and soybeans may rise for a second week on speculation that government interest-rate cuts and banking bailouts around the world will boost food and feed demand in 2009. Twenty of 35 traders, advisers and grain merchants surveyed Oct. 31 from Tokyo to Chicago said corn would rise and 23 respondents forecast a soybean rally. Corn climbed 7.7 percent to $4.015 a bushel last week on the Chicago Board of Trade after falling to a one-year low. Soybeans advanced 7.6 percent to $9.33 a bushel..... Full Article: Source
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