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Corn makes rare, if small, gains as oil soars
date:Feb 14, 2016
1.6% in early deals, andBrent crude soaring 4.1% to $31.29 a barrel, amid talk that Opec members are nearing agreement to cut production.
Not that a deal is in the bag.
The market has experienced similar posturing as prices reached decade lows only to come up empty, Benson Quinn Commodities said.
Rare headway
Of course, oil prices are big influence too on values of corn, a major raw material for US bioethanol plants.
And corn futures, which have not achieved a positive session since February 2,

12/20 19:49