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Corn hits limit-up in a.m. trading

Jeff Caldwell 03/17/2011 @ 10:40am Multimedia Editor for Agriculture.com and Successful Farming magazine.

The grain markets are scraping the sky in morning trading Thursday, as fears start to ease about a potential nuclear crisis in Japan, sources say.

In mid-morning trading, nearby corn futures are locked limit-up, 30 cents higher at $6.18 1/4, while soybeans are nearing that point, 49 cents higher at $12.86 3/4 per bushel, according to Barchart.com. Nearby wheat is 41 3/4 cents higher at $7.03 3/4 per bushel.

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Markets Trade in Narrow Range