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Markets Print edition: 2020-12-22

CBOT corn futures rise

Published December 22, 2020 Updated December 22, 2020 04:06am
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CHICAGO: Chicago Board of Trade corn futures rose for the sixth day in a row on Friday, following a rally in the soyabean market on concerns about reduced harvests in South America, traders said. Corn futures have risen 3.7% during the streak of gains, with the most-active contract topping out at $4.38-1/2 a bushel on Friday.

Traders were watching to see if it could rise above its recent peak of $4.39-1/2 - the highest on a continuous basis since July 19, 2019 - it hit on November 30.

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