Thu, 06 Sep 2012 09:17:33 GMT
Sugar fell on improving crop yields in Brazil
Farm commodities slumped on Wednesday amid improved weather in Brazil and India. Meanwhile, slowing demand for US grains exports weighted down on wheat and corn futures. However, broadly lower US Dollar provided slight support for rural commodities.
Wheat plunged to almost three-week low on news that demand for the commodity will weaken as livestock producers are switching to cheaper corn for