Summary Box: Corn climbs on improving export sales

AP News
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Posted: Jul 08, 2011 3:30 PM
Summary Box: Corn climbs on improving export sales

BACK ON TRACK: Corn prices rose sharply on a rise in U.S. export sales. Investors also are monitoring forecasts calling for hot weather that could affect corn in parts of the growing region.

DEMAND EASING?: The Labor Department's weak jobs report raised questions about the pace of economic growth. Investors are concerned that could weaken demand for commodities such as oil and industrial metals.

GOLD-SILVER: Gold and silver, which are viewed as stable stores of value, rose. Many investors buy them when they are worried about instability in other markets.