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Commodities

Excess stocks causing investor anxiety

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A harvester unloads corn to a cargo truck at a farm in Gaocheng, Hebei province, China, Sep.30, 2015.   © Reuters

TOKYO -- With the country's excess agricultural stocks beginning to drag on global commodity prices, the Chinese government has been forced into an overhaul of its farm subsidy program in an attempt to reduce supply and boost demand. But a slowing economy may complicate matters, and there is speculation that Beijing will move to export some of the excess crops, prompting fears that global agricultural commodity prices will be pushed down even further.

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