Corn Falls, Soybeans Rise on Crop Report; Gold Up
Corn is lower and soybean futures are higher after the government’s latest crop report.
Gold and silver fell and energy futures rose Thursday.
Corn for December delivery fell 6.25 cents, or 1.3 percent, to $4.6625 a bushel, after the U.S. Department of Agriculture reported that harvests were higher than traders had been expecting.
Soybeans for November delivery jumped 37.75 cents, or 2.8 percent, to $13.96 a bushel. The USDA reported that demand for soybeans was stronger than analysts believed.
Gold for December delivery fell $33.20, or 2.4 percent, to $1,330.60 an ounce. Silver for December delivery dropped $1.023, or 4.4 percent, to $22.149 an ounce.
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