Published 05/09/2008 - 2:35 p.m. GMT
The U.S. trade deficit narrowed sharply in March as demand for imports fell by the largest amount since the last recession was ending. Analysts forecast that trade would continue to be one of the economy's few bright spots this year.
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Published 05/09/2008 - 1:20 p.m. GMT
Wheat futures fell sharply Friday after the government forecast increased U.S production and a record global crop, while corn futures surged to a new high on continuing concerns about the weather.
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