A flooded cornfield in Decatur, Illinois. Heavy rains have prevented planting in some areas, leading some farmers to abandon corn in the last few days. (Daniel R. Patmore/The Associated Press)"On Thursday, the price of corn hit a new record, after shooting through the $7 barrier for the first time a day earlier. Oil held fairly steady after oil jumping more than $5 a barrel. Soybeans and wheat posted further gains."
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