Monday, 18 April 2011

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Corn, Soybeans May Rise as Wet, Cool Weather Stalls Planting

  • Monday, 18 April 2011
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  • Corn and soybeans may rise this week as wet, cool weather may delay planting in Canada and the U.S., increasing the risk of reduced acreage and yields. Twenty-two of 31 traders and analysts surveyed from Tokyo to Chicago on April 15 said corn will advance, and 19 of 32 respondents forecast a gain for soybeans. Last week on the Chicago Board of Trade, corn futures for July delivery dropped 3.2



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