Corn surges on concern weather will delay planting

Published



NEW YORK (AP) — Corn futures surged on concern that wet, cold weather in the Plains region will delay planting and reduce harvests.

July corn rose 40 cents, or 6.5 percent, to $6.5975 a bushel. That’s the biggest one-day gain since June 25, when last year’s drought was pushing up prices.

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