Tue, 27 Nov 2012 12:23:15 GMT
Corn jumps on surging US export sales
Rural commodities, excluding coffee, were bullish on Monday amid growing worries over crop condition in South America. Last week, Oil World cut its outlook on production-growth in South America, citing lack of rains in Argentina and Brazil. Moreover, stronger demand for US exports coupled with winter crop concerns lifted grain prices.Wheat rallied on signs that US winter crop conditions deteriorated