Paris Corn Hits Six-Week High as Fertilizer Concerns Mount

Hard red winter wheat in a field in Plainville, Kansas, US.

Photographer: Daniel Acker/Bloomberg

European corn hit its highest level in six weeks as concerns grow that surging fertilizer prices — a result of the war in Iran — may see planting areas drop.

The most active futures contract in Paris rose as much as 1.6%, a fifth consecutive day of gains, and was set for a weekly advance of around 5%, the biggest in two months.