06.02.2009 - Corn, soybeans rise as farmers slow sales after price declines
From Bloomberg: Corn rose as farmers withheld inventories from last year’s harvest and buyers abroad increased purchases after futures prices fell to a seven-week low yesterday. Soybeans also gained on reduce farmer offerings. U.S. exporters sold 1.164 million metric tons of corn in the week ended Jan. 29, up 5.1 percent from a week earlier and the third straight week of sales greater than 1 million tons, the first such streak in a year, Department of Agriculture data show..... Full Article: Source
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