Summary Box: Corn prices near three-year high

AP News
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Posted: Apr 04, 2011 4:18 PM
Summary Box: Corn prices near three-year high

CORN RALLY: Corn prices hit the highest level in nearly three years Monday on expectations that supplies will remain tight even if a bountiful crop is produced this summer.

SILVER NOTE: Silver hit a 31-year high on stronger interest from investors and retailers. The price was a record in dollar terms but still well below its peak in 1980 after accounting for inflation.

DRIVING OIL: Unrest in the Middle East sent oil to a 30-month high above $108 per barrel. Traders are concerned the tensions may disrupt the flow of supplies.