Harvest issues pull down CBOT corn as oil dips on low demand

December corn on the Chicago Board of Trade closed at $3.765 cents a bushel Thursday, falling by 7.5 cents amid brisk selling and forecasts of fair weather in the Midwest. Crude futures were slightly down over concerns about slumping global demand for oil. The Energy Department reported that U.S. oil stockpiles dropped by 3.9 million barrels as slow demand forced refiners to slash imports.

Forbes | 11/05 Bookmark and Share

This story published in RFA SmartBrief on 11/06/2009





More from SmartBrief:

Ethanol production increased 4.9% in July

Thursday, October 1, 2009

Slumping U.S. dollar prompts crude, corn futures to close higher

Wednesday, October 7, 2009

Oil falls on mixed economic data; CBOT corn dips on firmer dollar

Monday, November 2, 2009

Get stories like these delivered daily for FREE:
RFA SmartBrief
Designed specifically for the ethanol industry, RFA SmartBrief is a FREE Daily e-mail newsletter. It provides the latest news that matters to ethanol producers, government officials, and the media. Learn more