Corn prices add over one percent in the year's first session

Corn futures rose over one percent in the first session of 2017, shrugging off the dollar's rise, which follows a spate of data from the U.S., the world's largest corn producer and exporter, and after the markets were shut on Monday for the New Year holiday.
 
As of 08:13 GMT, corn futures due on March 16 rose 1.07% to $355.75 a bushel from the opening price of $352.00, with an intraday high at $358.50, and a low at $351.50, while the dollar index advanced 0.40% to 103.19 from the opening of 102.78.
 
Earlier data from the world's largest economy showed the final reading of the manufacturing PMI at 54.3 in December, up from the previous reading and expectations of 54.2, while the ISM manufacturing PMI rose to 54.7 from 53.2 in November, besting expectations of 53.7. The ISM manufacturing prices also rose to 65.5 from 54,5, beating forecasts of 55.6, while finally, construction spending rose 0.9% in November, besting expectations of 0.5%, and compared to October's 0.6% rise.