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10-28-2008, 10:51 AM
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Corn, ethanol futures stabilize after weeks-long freefall
In Illinois, corn and ethanol prices have stabilized after a significant series of falls that have made ethanol economics more difficult, while demonstrating the weak link between food prices and biofuel feedstocks. At the Chicago Board of Trade, the December corn contract rose to $3.85 after falling as low as $3.73; corn had reached a [...]
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