Summary Box: Corn rises as supply forecast falls

AP News
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Posted: Sep 12, 2011 4:13 PM
Summary Box: Corn rises as supply forecast falls

HEAT IMPACT: Corn prices rose on expectations that farmers will harvest a smaller crop than initially anticipated this fall. Analysts say if the forecast holds, global supplies will remain tight.

GREECE WORRIES: Gold and other metals fell as investors worried that Greece could inch closer to defaulting on its debt. That could lead to more volatility in global financial markets.

ENERGY BLEND: Oil prices rose slightly after the Organization of Petroleum Exporting Countries said oil demand will increase this year but that the amount consumed will be less than expected.