2010.09.2008:59:00UTC+00Soy up 2 pct at 1 year high, corn rises 1.5pct

News

• Chicago soy rose more than 2 pct to a one-year high on concerns dry weather may hurt a soon to be planted crop in Brazil, while corn rallied to a new 2-year top.
• Chicago Board of Trade soybeans for November delivery rose 2.4 pct to $10.94-½  a bushel by 0343 GMT, while December corn added 1.9 pct to $5.22-¾   a bushel.
• Front-month corn has surged 61 pct from the low in June and Soybeans have gained 19 pct since June lows and wheat is up 78 pct.
• U.S. wheat futures rose more than 1 pct on Monday. CBOT December wheat was up 1.4 pct to $7.49-¾ a bushel.