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Grain prices were slipping Monday as forecasts of favorable weather improved the prospects for higher crop yields, leading to concerns that there would be bigger-than-expected supplies at harvest time.
July-dated corn futures were off 8 cents at $3.66 a bushel in recent action on the Chicago Board of Trade, while contracts for hard red winter wheat were lower by 10 cents at $4.91 a bushel in trading on the Kansas City Board of Trade.
The PowerShares DB Commodity Index Tracking Fund(DBC Quote), which follows agricultural products, as well as other commodities, was lower by 0.9%. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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Oil *
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DOWN
154.48
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37.61
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