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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (69346)	9/23/2007 5:26:35 PM
From: RealMuLan	Read Replies (1) of 116555

Corn rises on signs China will start to import By Jeff Wilson Bloomberg News Published: September 21, 2007 iht.com CHICAGO: Corn prices hit a three-month high Thursday after China signaled that it could become a net importer for the first time in more a decade. China, one of the world's four biggest corn exporters last year, will encourage more imports of the grain and discourage domestic output of crop-based fuels, the National Development and Reform Commission said. China may import more corn because domestic supply may fall short of demand for livestock feed, said the NDRC, the top economic planning body in China.

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