CBOT corn outlook: Futures to climb on supply concerns, China

U.S. corn futures are expected to open higher Wednesday on concerns over the development of the U.S. crop, growing Chinese import demand and broad-based market strength. Traders expect corn to open 17 to 25 cents higher. In overnight trade, corn for July delivery at the Chicago Board of Trade was up 23 1/2 cents, or 3.4%, to $7.06 1/2 a bushel. The September contract was up 22 3/4 cents to $6.92

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