Lower stocks push oil futures above $80 as 2-day gain ends for corn
December corn on the Chicago Board of Trade settled at $3.84 a bushel on Wednesday, falling by 6 cents and ending a two-day run of heavy fund-buying. Early crop projections set a bearish mood on the market as analysts look to next week's release of the Department of Agriculture's supply-and-demand report and crop estimates. Crude futures ended above $80 a barrel after the Energy Information Administration announced that oil stockpiles fell by 3.9 million barrels last week.
Forbes | 11/04
This story published in RFA SmartBrief on 11/05/2009
Oil futures slip on falling U.S. equities; CBOT corn drops by 4 cents
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Crude futures, CBOT corn closed lower Friday
Monday, October 5, 2009
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Wednesday, November 4, 2009
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