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Conditions around the world affecting prices

Aug. 12, 2010 -More regions in the northern hemisphere experiencing weather extremes and hazards are contributing to a growing price spike, particularly in wheat. Fires and drought in Russia and flooding in Western Canada, parts of the US Midwest and Pakistan have created a perfect storm that has pushed corn above $8.00 per bushel and is now bringing corn, soybeans and oats along for the ride.    READ MORE

August 12, 2010  By New York Times