Corn losses 13% since March 28

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Source: Bloomberg
Corn futures decreased on Wednesday joining soybeans and wheat, which have fallen more than 20% from the beginning of 2013 after a drought hit the U.S., pushing the global crop prices down. Corn traded in Chicago lost 13% since March 28, when the inventories were bigger than forecast, but it was up 0.2% at $6.42 a bushel today, while soybeans dropped 0.7% to $13.845 a bushel and wheat rose 2% to $6.845 a bushel.

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Wed, 03 Apr 2013 18:10:06 GMT

Silver drops to 8-month low on Wednesday

Silver futures declined on Wednesday falling to the weakest level in eight months amid speculations that industrial consumption will fall and as employment in the world's largest consumer of silver, U.S., expanded at slower-than-forecast rate in March. Silver with May delivery fell 0.6% to $27.08 an ounce after touching its 8-month low at $26.85 earlier on Wednesday.

Wed, 03 Apr 2013 17:48:06 GMT

Treasuries rise amid employment report

The U.S. Treasuries advanced on Wednesday pushing the benchmark 10-year yields close to its lowest level in a two-month period, after a report showed that employment in the U.S. increased at slowest rate than initially forecast in March signing stalling labour market. 10-year yields dropped 0.03 percentage points to 1.83% after it touched 1.824% earlier on Wednesday.

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