Breaking News-RTRS-Talk of China buying US corn rallies CBOT futures

CHICAGO, April 7 (Reuters) - U.S. corn futures surged nearly 3 percent on Wednesday, fueled in part by talk that China, once a top exporter of the grain, was looking to import corn, traders and analysts said.
Chicago Board of Trade May corn futures closed 10 cents higher, up 2.9 percent, at $3.56-1/2 per bushel also on support from technical buying and short-covering as the dollar <.DXY> came off its day high.
But there was widespread talk that China could be seeking to import corn.