Summary Box: Corn rises on worries about weather

AP News
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Posted: May 26, 2011 5:10 PM
Summary Box: Corn rises on worries about weather

WET CORN: Corn prices rose for a second day Thursday on concerns that heavy rains could hurt this year's harvest. Corn rose 0.4 percent, while wheat rose 2.3 percent.

ECONOMY CONCERNS: The government reported that the economy grew at a slower pace than expected in the first quarter. That hurt prices for oil. Oil fell $1.09, or 1.1 percent, to $100.23 a barrel.

MIXED METALS: Metals prices varied. Gold for June delivery fell to $1,522.80 an ounce. But copper edged up 0.4 cents to $4.111 a pound.