Corn Rises as Flooding May Delay U.S. Planting, Reducing Yields

Corn rose the most since October as adverse weather threatens to delay planting in the U.S., the world’s largest grower and exporter.

Almost half the U.S. has an above-average risk of flooding through April, with some of the highest threats in corn-growing states including North Dakota, South Dakota and Minnesota, the National Oceanic and Atmospheric Administration said yesterday. Drought also may affect other areas, including fields from Colorado to North Carolina, the agency said.