Thursday, 30 June 2011

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GRAINS-U.S. corn futures rise on tightening U.S. stocks

  • Thursday, 30 June 2011
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  • SYDNEY, June 30 (Reuters) - U.S. corn futures continued to rally in early Asian trade on Thursday ahead of a key government report that is likely to show tightening U.S. stocks because of lower production and strong demand. Chicago corn for July delivery Cc1 advanced 0.5 percent to $7.01-1/2 per bushel following a 2.2 percent jump on Wednesday as old crop stocks tightened. The more actively



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