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Corn prices were tumbling Monday on concerns that a forecast for a bumper crop could swamp the market.
Benchmark futures prices for corn were losing 4.6% at $3.52 a bushel in recent market action.
Other key grains were showing weakness also, with soybeans sliding 2.9% at $9.22 a bushel and wheat easing 1.7% at $6.11 a bushel. Sugar prices were bucking the downward trend, gaining 1% at 10 cents a pound. ...
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