Thursday, 7 April 2011

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Corn within sight of 33-month high

  • Thursday, 7 April 2011
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  • Corn may advance to the highest level in 33 months, while wheat and soyabeans gained, on concern that global supplies of grains may fail to keep pace with demand, draining inventories. Corn for May delivery in Chicago gained as much as 0.3% to $7.625 a bushel after climbing to $7.65 yesterday, the highest level since July 2008. Futures more than doubled in the past year and traded at $7.6175 at



    http://bit.ly/gmXYhk

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