US MIDDAY: corn climbs on fund buying

01 Apr, 2005

Corn futures at the Chicago Board of Trade were up strongly early Thursday amid another buying spree from the investment fund sector, traders said. A sliding dollar and surging Reuters Commodity Research Bureau index were again cited as central to the fund buying of commodities, including CBOT corn, soy complex and wheat futures. At 11:13 am CST (1713 GMT), the CRB index was at 315.37, up 1.40 percent.
CBOT corn futures were up 1 to 5-1/2 cents per bushel. May was up 4-3/4 at $2.17-1/4 per bushel.

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