Corn sinks on export worries
By The Associated Press
Published: Saturday, December 8, 2012, 12:01 a.m.
Updated: Tuesday, February 19, 2013
• Export woes: Corn prices fell as traders worried again about a weak export report issued by the U.S. Department of Agriculture.
• Low water: Drought conditions in Nebraska, Kansas and other states has caused water levels in the Mississippi River to drop, leading to weight restrictions on cargo barges that could impact the transport of corn, Smith said. U.S. corn is already facing price pressures on the global market.
Metals rise: Copper for March delivery rose 1.85 cents to $3.6630 a pound. Gold, platinum, silver and palladium prices also rose.
- Retailers nix settlement, sue credit card firms
- Rue21 to be taken private in $1.1B deal
- Highmark won’t take claims from new center
- Profit drops 29 percent in first quarter at American Eagle Outfitters
- Highmark faces lawsuit that alleges it conspires to inflate premiums
- Chrysler CEO sorry for ethnic slur
- Watch out for ‘cramming’ on your cellphone bill
- High crop prices entice Midwest farmers to expand acreage for planting
- Federal regulators say Consol can reopen fire-stricken mine
- Loyalty programs devise new ways to woo shoppers
- UPMC will cut 100 transcribers’ jobs
You must be signed in to add comments
To comment, click the Sign in or sign up at the very top of this page.
Subscribe today! Click here for our subscription offers.