Crop prices rise on slower planting and bad crop conditions

Source: Bloomberg
© Scanpix/RS
Corn and wheat prices advanced on Thursday amid speculation that the yields may be boosted amid worsening crop conditions and slower process of planting in the U.S., the world's largest exporter of the commodities. July Corn futures rose 0.2% to $6.48 a bushel on the CBOT and was traded at $6.475 as of 9:56 a.m. Singapore time, while wheat for delivery in the same month added 0.2$ to $7.225 a bushel.

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Thu, 02 May 2013 09:54:03 GMT

Palm oil slips on crude oil drop

Palm oil futures for July delivery was lower by 1.2% to 2,258 ringgit on the Bursa Malaysia Derivatives during Asian trading session on Thursday. The price slipped to the lowest level since 23th of April and dropped 3.9% in April. Palm oil price decreases, as crude oil edges lower on better than expected stockpiles data in the U.S. reducing the

Thu, 02 May 2013 09:32:03 GMT

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