Summary Box: Wheat falls on economic concerns

AP News
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Posted: Jun 20, 2011 4:41 PM
Summary Box: Wheat falls on economic concerns

WHEAT SLIDE: Wheat prices hit a low point for the year as crops are proving to be in better condition than anticipated. Investors also are concerned about the global economy. The price has fallen $1 a bushel since June 10.

GREECE'S CRISIS: Greece's debt crisis is still affecting commodities markets. Investors worry that demand may be hurt if Greece's financial problems spread to other European countries.

PRECIOUS METALS: Gold and silver settled higher, benefiting from their reputation as relatively stable assets to hold during uncertain times.