
CNC Commodities Weekly Wrap Up
Soybeans gained 1.5-percent this week, with the July contract settling 20 cents higher on the week at $13.78 a bushel. Speculation that the Argentine farmer strike would add pressure to an already tight U.S. supply kept prices higher. Improving corn plantings in the U.S. Midwest, however, capped any... Today 8:32 AM EST
Oil & Gold- Divorce, or Happy Reunion?
Gold prices picked up another 2.4% on Friday, as the dollar dropped quite a hefty amount, to 72.79 on the index. A $3.69 rise in crude oil during the day (to $127.82) was met with a correlated move in gold this time around. A May 16, 2008 7:06PM