Squeeze on corn supplies ’cause for concern’ – UN

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The worldwide squeeze on corn supplies is a "cause for concern", the United Nations warned, as it cut its estimate for both production and inventories of wheat and coarse grains, and flagged rising prices. The UN slashed by 13.7m tonnes, to 1.15bn tonnes, its forecast for world output of coarse grains in 2011-12, reflecting weaker…


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