Corn drops amid concern Department of Agriculture closes reducing overseas demand

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Source: Bloomberg
© Scnapix/RS
Corn futures slipped on Wednesday and were traded close to the lowest level in three years amid concern that despite the partial shutdown of the U.S. government the Department of Agriculture closes reducing the overseas demand as supplies rise. Corn for delivery in December fell 0.8% to $4.355 a bushel on the CBOT and were traded at $4.36 as of 12:39 Singapore time.

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Wed, 02 Oct 2013 08:08:05 GMT

Euro declines from highest level in eight months

The 17-nation currency fell from the highest level in eight months against the greenback ahead of the ECB meeting today. The Euro traded at $1.3522 at 6:49 a.m. London time after it reached $1.3588 on Tuesday, the strongest level since February 6. The shared currency dropped 0.3% to 132.15 Yen, while the U.S. Dollar slipped 0.3% to 93.73 Yen.

Wed, 02 Oct 2013 07:46:05 GMT

WTI falls as oil inventories rises and government shuts down

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