Thursday, 5 May 2011

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Corn Advances For a Second Day as Rain in U.S. Threatens to Reduce Yields

  • Thursday, 5 May 2011
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  • Corn futures advanced for a second day on concern persistent rain in growing regions in the U.S. will further delay planting in the world's largest grower and exporter of the grain, potentially lowering yields. July-delivery corn gained 0.9 percent to $7.3625 a bushel on the Chicago Board of Trade at 2:41 p.m. Singapore time. The most-active contract has almost doubled in the past year and on



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