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USDA Slashes Corn Outlook; Forecast Sends Prices Surging

July 11, 2012

A scorching drought across the Midwest will slash corn yields by much more than most analysts had expected, the government said in a report that reignited a record rally in grain prices.

Source: http://www.cnbc.com/id/48146684?__source=RSS*tag*&par=RSS
 
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