date:Jan 31, 2013
eans, which are more threatened than corn by the changes in South American weather. Technical buying also supported corn after March futures moved above their $7.35 intraday high from earlier in the month.
March corn rose 10 3/4 cents or 1.5% to $7.40 1/4 a bushel, a seven-week high.
Wheat futures were pulled higher by the gains in soybeans and corn. Wheat was also underpinned by the risk from prolonged drought conditions to winter wheat crops in the southern Plains.
CBOT March wheat rose 10