Economic Calendar

Friday, October 23, 2009

Corn Climbs to Four-Month High on Weather Risk to U.S. Harvest

Share this history on :

By Luzi Ann Javier

Oct. 23 (Bloomberg) -- Corn rose to the highest in almost four months as thunderstorms, wind and snow hit parts of the U.S., increasing the risk of harvest delays in the world’s largest grower and exporter.

Corn for December delivery rose as much as 0.8 percent to $4.067 a bushel, the highest since June 25, in after-hours electronic trading on the Chicago Board of Trade. The contract traded at $4.0625 at 7:54 a.m. Singapore time.

To contact the reporter on this story: Luzi Ann Javier in Singapore at ljavier@bloomberg.net




No comments: