Thursday, 24 February 2011

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US Corn Surges On Strong Crude Oil Prices

  • Thursday, 24 February 2011
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  • Corn futures were higher on Wednesday. March futures were 11 3/4 cents higher at $6.91 1/2. The May contract closed 12 cents higher at $7.02 1/4. December 2011 was 9 1/4 cents higher at $5.91 3/4. Futures opened the day session 8 to 14 cents lower, but soon began to recover and moved to the plus side. A late surge also added to the gains. Higher crude oil, weakness in the dollar index and



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