Corn Slides, Reversing a Gain From the Day Before


Corn prices fell Tuesday, reversing a sharp gain from the day before. Other agricultural futures also fell, but not as much.

Corn for December delivery fell 7.50 cents to $4.4175 a bushel. The contract had jumped on Monday, after weekend storms in the Midwest appeared to threaten the corn harvest.

December wheat slipped 1.25 cents to $6.935 a bushel, and November soybeans fell 7.75 cents to $12.8875 a bushel.

In metals trading, December gold slipped 50 cents to $1,324.60 an ounce, December silver rose 5.7 cents to $22.443 an ounce, and copper edged down 0.4 cents to $3.2925 a pound.

January platinum rose $1.80 to $1,403.70 an ounce, and December palladium rose $9.55 to $714.90 an ounce.

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