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Hot, dry weather isn't only plaguing midwestern farmers, as drought conditions also have hit...
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Thursday, July 5, 2012, 5:35 PM ETHot, dry weather isn't only plaguing midwestern farmers, as drought conditions also have hit areas in Russia and around the Black Sea, prompting reductions in grain forecasts. Yet food prices have been falling in recent months, and analysts such as Cowen's Colin Guheen expect “benign” inflation in 2012-13; he says the risk is not great for select food companies such as SFD and SWY.
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