Summary Box: Wheat rises on weather worries

AP News
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Posted: Apr 21, 2011 4:40 PM
Summary Box: Wheat rises on weather worries

RISING WHEAT: Wheat settled up 1.9 percent on worries that dry weather has damaged the winter crop from Kansas to Texas and rains may delay spring planting in some areas.

PRECIOUS PARTNERS: Gold and silver rose as concerns persisted about global economic issues. The two precious metals attract investors during uncertain economic times because of their reputation as relatively stable assets.

ENERGY GAINS: Oil prices rose on a weaker dollar. Since most commodities are priced in dollars, a weaker dollar makes them more attractive to buyers who use other currencies.