FarmPolicy

Prices Leap for Corn and Crude Oil

Chris Flood, writing on Friday at the Financial Times Online, reported that, “Torrential rain across parts of the Midwest pushed US corn prices to record levels on Friday, prompting concerns about the outlook for this year’s harvest.

“In Chicago, CBOT July corn jumped 20¾ cents to a record $6.63¼ a bushel, taking gains for this year so far to 45.6 per cent.”

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Posted by Keith Good • June, 9, 2008 • 4:58 am