Corn records healthy gain on demand expectations

Posted by Associated Press: Sandy Shore on April 1st, 2011
Associated Press: Corn prices shot up 6.2 percent Friday on expectations that demand from users such as livestock owners and ethanol producers will strengthen while the grain remains in short supply. Commercial users of corn joined other investors in buying futures contracts a day after two government reports indicated supplies will remain short even if farmers harvest a good crop this year. The Agriculture Department predicted farmers will plant about 92.2 million acres of corn in the upcoming planting season.......

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