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              The U.S. Department of Agriculture on July 11 cut its outlook for world wheat output by 1 percent as the forecast for Russia’s crop was lowered by 7.5 percent. Photographer: Alessia Pierdomenico/Bloomberg

The U.S. Department of Agriculture on July 11 cut its outlook for world wheat output by 1 percent as the forecast for Russia’s crop was lowered by 7.5 percent. Photographer: Alessia Pierdomenico/Bloomberg

July 16, 2012
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