Bloomberg News

Corn Jumps to Highest Since June 2008; Wheat, Rice Futures Climb

June 09, 2011

June 9 (Bloomberg) -- Corn futures for July delivery rose 20.5 cents, or 2.7 percent, to $7.845 a bushel at 9:37 a.m. on the Chicago Board of Trade. Earlier, the price reached $7.93, the highest for a most-active contract since June 2008.

Wheat and rice prices also climbed. Soybeans were little changed.

To contact the editor responsible for this story: Patrick McKiernan at pmckiernan@bloomberg.net


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