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Corn Futures Extend Rally, Gain as Much as 2.8%

(Corrects price in first paragraph.)

June 29 (Bloomberg) -- Corn futures for December delivery rose 2.4 percent to $6.475 a bushel at 7:55 a.m. on the Chicago Board of Trade. The price extended this week’s rally after falling as much as 1.6 percent following reports from the U.S. Department of Agriculture on inventory and acreage.

To contact the editor responsible for this story: Patrick McKiernan at pmckiernan@bloomberg.net

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