CBOT corn boom American farmers began to take the opportunity to sell old corn

Lead: Chicago (Reuters) - CBOT corn prices surged to a six-month high on Monday, prompting us farmers to clear their stocks of old corn harvested last year and start selling new corn that will only be harvested this autumn, according to us spot dealers However, grain traders said that the weather led to more long-term sales of corn in 2003 CBOT's corn season in December 2002 has risen nearly 13 cents per bushel since last Friday due to the weather forecast that the Midwest is hot and rainy In addition, the new six-year agricultural bill in the United States also led to increased sales of new corn Joe Victor, a grain analyst at Allendale, Illinois, said US farmers are using the current uptrend to sell their old corn, and we are asking our customers to seize the opportunity to hedge new crops There was a double-digit increase in the corn market on Monday amid concerns that the high-pressure ridge moving to the northwest of the United States is heating and drying the area and could reduce crop production The cold and humid spring weather in the eastern part of the central and western regions makes corn growth lack a good start, and the ensuing high temperature and dry weather has a negative impact on corn production, which is enough to make corn up 12.75 cents to 2.3950 US dollars per bushel in December, and 2.3550 US dollars per bushel on Monday, 8.75 cents higher than last Friday Corn continued to strengthen on Tuesday, rising 1.50 cents before the December close (author:) share to feed Weibo share to: