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Commodities Briefing - Categorized | Agriculture, Market Pulse, Price Watch more

Corn, wheat rise on rebound after early week slide

Posted on 15 January 2009

From Guardian:U.S. corn and wheat rose slightly on Wednesday, trying to recover from Monday’s big sell-off which followed bearish supply data from the government.

“With ideas that fund rebalancing may still bring in the funds to the buy side and the sharp losses we had since the report was issued on Monday, the markets are just catching their breath to see if any demand develops,” said analyst Shawn McCambridge of Prudential Bache Commodities in Chicago….. Full Article: Source


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