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Dry weather pushes corn prices higher
Jul 13th 2012, 22:58

Corn prices jumped again Friday, driven higher by worries about hot, dry weather in the Midwest. December contracts for corn jumped 8 cents, or 1.1 percent, to $7.4025 per bushel. That followed a 4 percent increase the day before, and is the highest price in about 11 months. Corn crops are shrinking because of low rainfall levels in Western states,...

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