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Soft commodities

Source: Financial Times, 5th October 2009

Inflation-watchers can breathe a little easier this month as US farmers reap one of the biggest harvests in memory. Soya prices, down 11 per cent since May, and corn prices, down by nearly a third, reflect expectations that a bumper crop will prevent a spike in food prices as the stimulus-sodden world economy lurches towards recovery.



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