Corn Climbs as Hot, Dry Weather May Follow After Argentina Rain
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Corn rose for a sixth day in Chicago, the longest rally this year and reversing an earlier decline, on expectations that rain in Argentina will be followed by hot and dry weather that may affect the crop.
Argentina may be drier than normal in the next 10 days and hot temperatures may return next week, after thunderstorms yesterday and overnight that brought rain to some of the driest growing areas, DTN Telvent Inc. wrote in a report today.