| From Bloomberg: Corn extended losses, falling to a 15- month low, on signs the global economic slump is cutting demand for grain from the U.S., the world’s largest exporter.
A slowing world economy has reduced demand for raw materials with consumers curbing spending and credit restrictions hampering imports. U.S. exporters sold about 387,000 metric tons of corn in the week ended Nov. 27, down 17 percent from a week earlier and 10 percent below the four-week average, the U.S. Department of Agriculture said yesterday in a report..... Full Article: Source
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