Corn reaches a four-year low

Source: Bloomberg
© Scanpix/Reuters
Corn fell to the lowest level over the last four years as global supplies are increasing. Deliveries for August went down 1.4%, reaching $3.7325 a bushel, the lowest since July 14 in 2010. Futures plummeted 25% during the previous year on expectations that more bumper harvest in the U.S. will increase global supplies. 

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