The Soviet Union has bought an additional...
The Soviet Union has bought an additional 300,000 metric tons of U.S. corn for delivery during the coming year, the Agriculture Department said. More than 2 million tons of corn have been sold by private exporters to the Soviets in the last week, according to USDA announcements. Corn prices have been averaging about $2.72 per bushel at the farm level, according to USDA estimates, meaning that the latest sale could have a farm value of around $32 million.
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