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December corn sinks to four-month low after USDA raises acreage estimate; soybeans, wheat also lower.
USDA Report Reaction - Soybean plantings estimate sharply below expectations at 88.325 million acres
Estimated corn plantings raised more than expected to 89.92 million ac., all wheat acres also above expectations.
Corn acres slightly higher than trade expectations.
Global demand for biofuels to slow in decade ahead: report
New-crop corn slips near three-month low, soybeans and wheat also lower ahead of USDA reports.