Friday, 18 February 2011

0

Weakness in corn, wheat should be shortlived

  • Friday, 18 February 2011
  • Share
  • Wheat, corn and soybean prices dipped on Friday, tracking broad-based losses in other commodity markets, although the setback was expected to be shortlived as background fundamentals remained supportive, dealers said. Oil and many other commodity markets sensitive to Chinese demand fell on Friday after China increased lenders' reserve requirement as it seeks to tackle inflation. "Grains are



    http://bit.ly/f0Q9nY

    0 Responses to “Weakness in corn, wheat should be shortlived”

    Post a Comment

    Subscribe


    Enter your email address: