Due to high Chinese demand for US corn and the global price of both wheat and corn commodities has risen. The most active corn contract for May delivery rose 14.4 cents, or 2.23 percent, to close to $6.59 per bushel. May wheat gained 8.2 cents, or 1.28 percent, to $6.51 per bushel, however May soybeans edged down 3.2 cents, or 0.24 percent, to settle at $13.34 per bushel.
http://www.chinadaily.com.cn/usa/business/2012-03/13/content_14821997.htm
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