Thursday, January 13, 2011

US cuts stock forecasts for key crops - corn/soyabean prices highest in 30 months

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The world has moved a step closer to a food price shock after the US government surprised traders by cutting stock forecasts for key crops, sending corn and soyabean prices to their highest level in 30 months.

More at:
http://edition.cnn.com/2011/BUSINESS/01/12/world.food.price.shock.ft/

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