AsianetApril 10, 2013 15:17
Chicago corn and soybean posted big gains, but wheat suffered slight losses Tuesday. The most active corn contract for May delivery gained 10.75 cents, or 1.7 percent, to close at 6.4425 dollars per bushel. May wheat lost 3.75 cents, or 0.53 percent, to settle at 7.0875 dollars per bushel. May soybeans rose 17.5 cents, or 1.27 percent, to close at 13.955 dollars per bushel.
May corn cashed in on weather premium Tuesday, as a cool, wet weather was forecast for the central Midwest in the next five days.