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South African Corn Rallies to 11-Month High on Hot, Dry Weather

13 February 2015 By admin

White corn rose to an 11-month high in South Africa, capping the biggest weekly advance in almost a year, after a farmers’ association said hot, dry weather has caused irreversible damage to crops. Futures for delivery in July rose 4.5 percent to 2,770 rand a metric ton by the noon close in Johannesburg on the South African Futures Exchange.

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Filed Under: Johannesburg Tagged With: 11Month, African, Corn, high, Rallies, South, Weather

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