Monday, 11 April 2011

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U.S. corn hits new record on supply concerns

  • Monday, 11 April 2011
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  • SYDNEY, April 11 (Reuters) - U.S. corn futures surged to a new all-time high on Monday, spurred by worries over critically low stockpiles in the United States, the world's top exporter. Chicago Board of Trade corn for May delivery jumped 1.8 percent to $7.81-3/4 a bushel by 2306 GMT, after hitting a record top of $7.83 earlier. The U.S. Department of Agriculture on Friday stuck to its March



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