date:Jan 09, 2013
Corn prices rose Monday as traders hoped for a bounce in export demand. Wheat and soybean futures were also higher.
Corn for March delivery rose 5.25 cents to settle at $6.8550 a bushel Monday.
Brandon Marshall, a commodity adviser with Northstar Commodity in Minneapolis, said traders were encouraged to pick up more corn contracts after the Department of Agriculture disclosed an unusually large order for the grain. The buyer and destination of the corn won't be disclosed until Thursday.
Soybe