Wednesday, 16 February 2011

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Corn, Soybeans May Advance on Bets Global Demand Remains Strong

  • Wednesday, 16 February 2011
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  • Corn may extend a rally and soybeans may reverse last week's decline on bets that global demand remains robust, and that farmers will require higher prices when deciding what crops to plant this spring. Nineteen of 30 traders and analysts surveyed from Tokyo to Chicago on Feb. 11 said corn will rise this week, and 18 of 31 respondents said soybeans will gain. Last week, corn futures for May



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