Friday was the first day of the annual five-session rebalancing period for commodity index funds. Traders expect index funds to sell 12,000 to 18,000 contracts of corn during the period. Chicago Board of Trade March corn settled 4 cents higher at $3.57 per bushel. CBOT March soyabeans settled 3/4 cent higher at $8.65-1/4 per bushel.
Friday was the first day of the annual five-session rebalancing period for commodity index funds. Traders expect index funds to sell 12,000 to 18,000 contracts of corn during the period. Chicago Board of Trade March corn settled 4 cents higher at $3.57 per bushel. CBOT March soyabeans settled 3/4 cent higher at $8.65-1/4 per bushel.