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Markets

CBOT corn rises for fourth day in row, posts weekly gain of 2.4pc

Published Updated

* Traders said concerns about planting delays in the US Midwest provided support to the corn market.

* Gains were limited by technical selling at the market's peak.

* The benchmark CBOT May corn futures contract faced resistance at its 20-day moving average, a level it has not broken through since Feb. 25.

* Support from early weakness was noted at the 10-day moving average.

Copyright Reuters, 2019