Corn Leads Futures In Broad Plunge; Sugar Bucks Trend, Erases Correction
Forecasts for big corn and soybean harvests hammered futures of the two crops Tuesday, while crude oil suffered from expectations of relief from cold weather that had been supporting prices. Base metals, led by copper, also plunged on fears that top consumer China had started tightening monetary policy on signs that its economy was on the brink of overheating. Weaker-than-expected quarterly results at Alcoa, one of the largest aluminum producers,
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