Feeding on famine: US cereals’ benchmark futures edge up as weather forecasts bear bad tidings

14.10.2019

U.S. corn futures surged more than four per cent on Friday while wheat and soybeans also firmed, buoyed by expectations for a partial U.S.-China trade deal and worries about wintry weather threatening crops in the Midwest, analysts said.

Chicago Board of Trade December corn settled up 17-1/2 cents at $3.97-3/4 a...