Corn falls as dry weather may cause record harvest

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Source: Bloomberg
Corn declined on Friday falling to the lowest level in three years amid dried weather in the U.S. causing a record harvest in the world's largest producer and as demand for ethanol from the crop may decrease if the country's government reduces the biofuel mandate. Corn for delivery in December slipped 1.2% to $4.33 a bushel on the CBOT, the least since August 2010.

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Fri, 11 Oct 2013 11:49:04 GMT

Gold fluctuates as U.S. debt limit debate continues

Gold swung between gains and losses on Friday and were traded below $1,300 an ounce as investors stayed optimistic amid a progress in the U.S. debt ceiling debate in Washington between Barack Obama and congressional lawmakers. Bullion for settlement in October advanced and fell 0.3% before it was traded at $1,290.32 an ounce as of 9:20 a.m. Singapore time.

Fri, 11 Oct 2013 11:27:03 GMT

WTI falls as U.S. lawmakers fail to agree on debt limit

West Texas Intermediate crude increased on Friday and was set to record its fourth weekly drop in five after debate between the U.S. President Barack Obama and House Republicans failed to find an agreement over the new debt limit avoiding the country's default. WTI for settlement in November fell 73 cents to $102.28 a barrel on the NYMEX and was

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