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Joined Nov 11, 2007
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Corn Rises For the Fifth Consecutive Day; Longest Rally Since December

“Corn rose for a fifth day in Chicago, the longest streak since December, as wet weather delays sowing from North Dakota toOhio. Wheat gained for a third day as a lack of rain in growing countries hurts yields.

About 63 percent of the U.S. corn crop was sown as of May 15, behind the five-year average of 75 percent, the Department of Agriculture said May 16. April was the second-hottest since 1900 in FranceEurope’s biggest wheat grower, and England’s warmest in 352 years, curbing yields along with dry weather inChina and Germany.”

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