US MIDDAY: corn firms

19 Apr, 2006

Corn futures at the Chicago Board of Trade were holding firm early on Tuesday amid a slowdown in US corn seedings, traders said.
Wet weather in parts of the Midwest was hampering corn planting and that scenario, along with soaring outside markets, including gold and crude oil, were combining to give corn futures a lift, they said.
At 10:09 am CDT (1509 GMT), corn was unchanged to up 1-3/4 cents per bushel, with May up 1-1/2 cents at $2.38 per bushel and new-crop December up 1-3/4 cents at $2.71 per bushel.

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