Corn prices jump 4.6% after the U.S. reports the sixth-largest export sale ever for the grain,...

|By:, SA News Editor

Corn prices jump 4.6% after the U.S. reports the sixth-largest export sale ever for the grain, which analysts believe is headed for China. The sale coincides with expectations of a large Chinese purchase, but it renews concerns that Chinese demand could stretch already-tight U.S. inventories, pushing prices above their recent trading range.