Corn falls as dry weather may cause record harvest

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Source: Bloomberg
© Scanpix/RS
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

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