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Smaller harvests could keep food prices high

from The Associated Press via The Miami Herald

The government slightly reduced its estimate for next year's corn supply, a move that could keep food prices high for most consumers. The Department of Agriculture estimates a smaller harvest will leave farmers with 843 million bushels of corn at the end of next summer. That's lower than last month's forecast of 866 million bushels. Wednesday's crop forecast is the first since farmers harvested most of their corn crop last month. more


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