Corn for December Gains 0.1% to $7.7225 a Bushel, Erasing Drop

Corn for December delivery gained 0.1 percent to $7.7225 a bushel on the Chicago Board of Trade at 7:39 a.m. in Singapore, erasing an earlier loss of as much as 1 percent. Prices reached $7.89 a bushel yesterday, the highest level for a most-active contract since June 2011 as drought baked crops across the U.S. Midwest, hurting yields.

To contact the reporter on this story: Phoebe Sedgman in Melbourne at

To contact the editor responsible for this story: Jake Lloyd-Smith at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.