Corn Gains to the Highest in More Than Two Years on U.S. Crop
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Corn futures advanced to the highest price in more than two years on speculation that the U.S. Department of Agriculture will lower its estimate of the nation’s harvest.
Corn for December delivery gained as much as 1.5 percent to $5.9075 a bushel, the highest price for the most-active contract on the Chicago Board of Trade since Aug. 29, 2008. It traded at $5.8725, up 0.9 percent at 11:47 a.m. London time.