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View Full Version : Corn, Soybeans Gain as Dollar Drop, Oil Rally Improves Outlook - Bloomberg



NewsWhore
03-12-2009, 07:01 AM
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Corn, Soybeans Gain as Dollar Drop, Oil Rally Improves Outlook (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DardvUPyrm9jw%26refer%3Dnews&cid=0&ei=euy4SYTyLYuwMrDZxeMJ&usg=AFQjCNEvDWO7nMkF8zBbU11l5AJ4NHPv-Q)
Bloomberg
A decline in the currency may increase demand for US supplies from overseas buyers. Crude oil rebounded as much as 2 percent after plunging 7.4 percent yesterday. “The weaker dollar gives US crops an edge for overseas importers,” Hiroyuki Kikukawa, ...


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