Corn prices draw support from wet U.S. weather

Corn futures rose over one percent in American trade as the dollar index tumbled to its lowest since November, 9, amid a lack of data from the U.S., the world's largest corn producer and exporter. 

As of 08:36 GMT, corn futures due on July 15 rose 0.67% to $3.7500 a bushel from the opening of $3.7250, while the dollar index fell 0.15% to 96.99 from the opening of 97.10, marking a six-month low. 

Corn prices were boosted by floods and heavy rain in eastern parts of Kansas and Oklahoma, extending to western Missouri and Arkansas, and parts of Indiana in the weekend, while experts expect more thunder storms this week, leading to drop delays, and in turn buoying prices.