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Record crop forecast sends corn prices lower

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Corn prices ended sharply lower Wednesday after the Department of Agriculture predicted a record crop and large supplies of the grain. The actively traded December contract for corn fell 13.25 cents, or 2.4 percent, to $5.375 a bushel. The front-month contract for July fell 8.75 cents, or 1.3 percent, to $6.5075 a bushel. The USDA reported that while corn farmers are being affected by cool, wet...

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