Grain futures sharply lower on Friday

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Source: Forexpros
US grain futures closed essentially lower on Friday following the US Department of Agriculture unexpectedly reported about higher stockpiles of corn and wheat. Corn futures dropped 8% during two sessions after the report release while wheat futures lost about 6%. High US Dollar also weighted down on the agricultural commodities' prices.
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Mon, 16 Jan 2012 07:58:01 GMT

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