Sunday, 22 May 2011
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US Corn Futures Settles With Modest Gains
Corn futures were higher on Friday. The July contract was 11 1/4 cents higher at $7.59 1/2. December was 4 1/2 cents higher at $6.66 1/2. Futures held on to modest gains despite a late selling pressure. For the weekly July futures were 93 cents higher and December 39 1/2 cents. Nearby futures and the cash market led the rally this week even though weather and is mostly a new-crop feature. This
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