September Corn finished up 13 1/2 at 376 1/4, 3 1/4 off the high and 14 up from the low. December Corn closed up 13 3/4 at 390 3/4. This was 14 1/4 up from the low and 3 1/4 off the high.

    December corn surged higher into the start of the day session and then tacked on a new high for the day in late morning. Traders said that a sharp rally in wheat sparked buying by commission houses, funds and other specs. Weather forecasts are considered mostly favorable in coming days, although temperatures may be above normal for much of the next week to ten days despite an expected cool down into tomorrow. Welcome dryness is expected in the west in coming days, but one analyst suggested that this could cause some very mild stress adjacent to and just north of the Ohio River, an area that has seen limited rain recently. Dry, hot weather in the Delta and SE could also cause very minor stress although these are not major growing areas. China´s official think tank CNGOIC said today that the country is questioning the quality of genetically modified (GMO) corn that has been delivered there in recent weeks. They indicated that one cargo unloaded in southern China contained 10% damage. Sources indicate that the cargo was not turned away, and CNGOIC stated that the quality issue has arisen because China is applying stricter quality standards for corn. Weather forecasts call for rising temperatures in the Midwest over the next week to 10 days, although this is not expected to damage the late-pollinating corn.

    September Rice finished up 0.135 at 10.145, equal to the high and 0.035 up from the low.