Thursday, 17 February 2011

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Corn, soy jump on China tax cut talk; oil steady

  • Thursday, 17 February 2011
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  • * Grains surge on talk of lower Chinese taxes on food * Oil steady on Middle East risk worries * Cotton at record above $2 per lb; gold, coffee up too By Barani Krishnan NEW YORK, Feb 17 (Reuters) - Corn and soybeans jumped on Thursday, as talk that China may lower food import taxes helped agricultural markets rebound from this week's steep decline, while oil stayed firm on political risks in



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