High grade copper for May delivery was up 2.6% to $4.42 a pound.
NEW YORK ( TheStreet) -- High-grade copper prices were rising Wednesday morning on stronger fundamentals.
Grains popped on Wednesday amid news that Japan may need to increase imports. Rough rice for May delivery popped by 2.1% to $14.14 per 100 pounds, while oats for May delivery rose 1.3% to $3.46 ½ a bushel. This, amid potential damage to key farming regions of Japan after being hit by the tsunami.