Grain futures rally on adverse weather conditions - News - Dukascopy Bank

Mon, 02 Jan 2012 13:59:46 GMT
Source: Forexpros
 
© Scanpix/Reuters

Grain futures jumped to several-week high on the adverse weather forecasts in Brazil and Argentina that may hurt the crops. US corn, soybean and wheat futures all posted gains in the last nine trading sessions. On the Chicago Mercantile Exchange, soybeans, wheat and corn futures for delivery in March increased over the last week by 3.25%, 4.8% and 2.8% respectively.


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