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Global economy misery ponder US wheat, corn and soy

CHICAGO : Chicago Board of Trade wheat futures fell 2.5 percent on Thursday as traders locked in profits amid concerns
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By Muhammad Iqbal
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battCHICAGO: Chicago Board of Trade wheat futures fell 2.5 percent on Thursday as traders locked in profits amid concerns about global economic weakness and a firming dollar.

The worries about the economy sparked heavy selling in US stock markets and a sharp drop in crude oil prices, which weighed on corn and soybean futures too.

Copyright Reuters, 2011

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