Corn Record High, Potash Corp Gains 1.2 percent

Reuters reported that Canada’s main stock index recorded minimal change on Friday, despite a drop in energy prices due to weak economic data from China. Potash Corp, however, posted gains of 1.2 on all-time high corn futures.

As quoted in the market news:

Stocks that helped keep the index buoyant included fertilizer company Potash Corp. It jumped 1.2 percent to C$43.22 as corn futures set an all-time high after the U.S. government slashed the size of the crop in the world’s top grain exporter.

Click here to read the full Reuters report.