Forbes article here.
LONDON - A surge in corn prices took a bite out of food company shares Monday. Chicago corn futures rose to an all-time high in Asia, as the American grains and oilseed futures markets extended their rally from late last week on crude oil's surge to a record high of $139.12 per barrel.
Torrential rains sweeping America's midwest boosted corn prices on worries about young crops, along with a decrease in U.S. production of the crop. . . .
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