ANALYSIS-Big US corn area a reprieve for meat, ethanol cos.

Newswire

* Food, fuel makers cheer big corn acreage * Falling corn prices helps profit-margins * Meat and ethanol producers have been struggling * Corn prices have been in wide range By Sam Nelson CHICAGO, June 30 (Reuters) - A shockingly large area planted with corn this spring in the United States should bring relief to loss-making hog and cattle producers, ailing ethanol companies and consumers as grain prices come under pressure. For starters, prices for corn futures fell on Tuesday ...

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