The USDA reported that world corn production will be 9.9 percent greater than last years, while U.S.

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The USDA reported that world corn production will be 9.9 percent greater than last year’s, while U.S. corn production will be 24 percent larger. The price of corn is expected to be 46 percent higher than last year’s price.

Source: Bloomberg News, August 11, 2007

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Foundations Of Microeconomics

ISBN: 9780063076280

7th Global Edition

Authors: Bade, Robin;Parkin, Michael

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