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Thursday, July 12, 2012

Corn up on supply woes, wheat near 17-month top

GRAINS-Corn up on supply woes, wheat near 17-month top | Reuters

Chicago corn edged higher on Friday, building on last session's gains of nearly 4 percent, with little relief expected for the crop which has suffered from the worst drought in the U.S. grain belt in 25 years.  Soybeans firmed on concerns over global supplies as the U.S. drought curbs yields, while wheat was little changed, trading near Thursday's 17-month top...

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