Wednesday, 29 June 2011
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CBOT corn outlook: Higher after crop conditions disappoint
U.S. corn futures are expected to open higher Tuesday, rebounding on deteriorating crop conditions and easing concerns about Europe's debt crisis. Traders expect corn to open 6 to 8 cents higher. In overnight trade, corn for July delivery at the Chicago Board of Trade was up 7 3/4 cents, or 1.4%, to $6.68 1/2 per bushel. December corn was up 7 1/4 cents to $6.34. After tumbling 19% from a fresh
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