Commodity Blog

Commodity news, technical and fundamental analysis, market data on precious metals, energies, industrial metals, and soft commodities


Corn & Oil Decline

March 12, 2010 at 21:28 by Vladimir Vyun

Corn futures fell in Chicago today, heading for a second straight weekly loss. May futures for corn delivery dropped $0.0275 (0.8 percent) to $3.625 per bushel as of 9:53 on CBoT.

Crude oil dropped amid falling confidence among U.S. consumers today. Earlier oil prices rose after retail sales went up 0.3 percent. Analysts forecasted that retails purchases will decline 0.2 percent. April delivery for crude oil slid $1.32 (1.6 percent) to $80.79 per barrel by 12:02 on the New York Mercantile Exchange.

If you have any questions and comments on the commodities today, use the form below to reply.

Leave a Reply