Summary Box: Corn prices soar on supply worries

AP News
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Posted: Oct 12, 2010 3:54 PM
Summary Box: Corn prices soar on supply worries

CORN POWER: A rally in corn prices showed little sign of slowing down Tuesday amid lingering questions about whether supplies will meet global demand.

DOLLAR'S IMPACT: Other commodities were mixed as the dollar grew stronger against other currencies. Since commodities are priced in dollars, a stronger dollar makes them less attractive to foreign investors.

OIL DIP: Crude retreated on a stronger dollar and expectations that Organization of Petroleum Exporting Countries will hold production at current levels when it meets this week.