CHICAGO (Commodity Online): US corn futures ended higher, buoyed by spillover support from wheat futures.
Corn was also buoyed by broader based buying associated with weakness in the U.S. dollar, analysts say.
Uncertainty surrounding the amount of damage South American crops incurred from hot, dry conditions are keeping prices underpinned with firm cash prices aiding the positive theme as well, analyst add. CBOT March corn ended up 3c at $6.42/bushel.
Courtesy: CME Group