Feb. 19 (Bloomberg) -- Corn, wheat and soybeans declined after the Federal Reserve raised the discount rate for the first time in more than three years, boosting the dollar and potentially crimping overseas demand for U.S. crop supplies.
Corn for May delivery fell as much as 1.1 percent to $3.65 a bushel in after-hours electronic trading on the Chicago Board of Trade. The price also fell after the U.S., the world’s biggest grower, raised estimates for corn planting........(more detail)
No comments:
Post a Comment