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USDA Failure to Predict Corn Crop Worries Investors, WSJ Says

Oct. 22 (Bloomberg) -- The U.S. Department of Agriculture’s recent reduced corn-production estimate has undermined some investor confidence in its forecasting, the Wall Street Journal reported, citing traders and analysts.

The agency cited smaller-than-expected yields earlier this month in its prediction, sending corn prices up 6 percent, the newspaper said.

Story link: {NSN LANZL06MBOQS <GO>}

To contact the editor responsible for this story: Jarrett Banks at

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