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Ag Markets Maintain Busy Tone
CHICAGO - Sep 6/07 - SNS -- International agriculture commodity markets remain relatively busy through the mid-week trading session, with Japan finalizing purchases on its latest wheat import tender and Asian rice markets looking forward to tomorrow's import tenders by the Philippines and South Korea.
The first speculations about the contents of next week;s USDA crop production estimates are making their way through markets. For its part, FC Stone expects the USDA to increase the projected size of this year's corn crop from 13.054 billion bushels in August to 13.062 billion in next week's crop report; and the boost its soybean estimate from 2.625 billion to 2.682 billion bushels.
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