Last Updated : January 21, 2012 10:54
CBOT Updates:Corn edges higher on firm exports
CHICAGO (Commodity Online): US Corn futures end mostly higher on signs of improving export demand, tightening near-term supplies and a troubled South America crop.
Strong weekly export sales Friday set a positive tone, reinforcing the idea that South America's drought would Lead buyers to the US. Traders say rains in Argentina are too late to help the crop there.
Despite gains in nearby contracts, deferred contracts--representing the crop yet to be planted in the US--were weaker. Farmers are widely expected to plant a much-larger crop in 2012 than last year.
CBOT March Corn ends up 5 1/2c to $6.11 1/2 per bushel, up 12c on the week. December futures slid 5 1/4c to $5.51 3/4.
Courtesy:CME Group
MCX GOLD.995 04 August 2012
contract was trading at
Rs 28520 , up Rs. 133 . What's your view on it?
