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Friday, January 12, 2007

Corn Is King

Corn: Corn is king in the grain room today at the CBOT. The USDA reported that the 2006-07 corn production was 10.535 billion bushels, well below the 10.745 billion bushel projection made by the agency back in November. Corn stocks were reported to be 8.93 billion bushels, below the December 2005 level of 9.185 billion bushels. Read More.....