Corn hits all-time high; heat proves relentless

Published July 30, 2012 7:49pm ET



Corn prices are back in record territory as hot, dry weather relentlessly pounds crops across much of the country.

Corn for September delivery rose 2.7 percent Monday to end at $8.20 per bushel. The most active contract was for December delivery, which ended up 2.6 percent at $8.14 per bushel. Soybeans also rose.

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