Bloomberg News

Corn Near Three-Year High Almost 40 Cents Costlier Than Wheat

June 09, 2011

June 10 (Bloomberg) -- Corn for July delivery traded little changed at $7.8475 a bushel after jumping as much as 3.8 percent yesterday to the highest level in three years following the U.S. Department of Agriculture’s estimate cutting supplies.

The price of corn was almost 40 cents a bushel more than wheat. Wheat gained 0.4 percent to $7.4825 a bushel.

To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net


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