December delivery for corn increased by 22 cents a bushel, riding the migration of investors to commodities as they seek shelter from the financial markets. Corn closed at $5.54 a bushel on the Chicago Board of Trade.
Most dollar-denominated commodities were benefactors of the exodus from equities.
Soybeans were also up on the day, increasing by 26 cents to $11.39 a bushel, a 1.3 percent jump.
The U.S. dollar index was down as the greenback fell against most major currencies.
Latest Gold and Commodity News
7 years ago
No comments:
Post a Comment