Corn Falls Limit-Down
Today's biggest stories surrounding the sector:
-May corn fell 20 cents today to $5.39 1/4 per bushel due to oil's steep decline. Oil slid $4.53 to $105.88 per barrel as the sale of Bear Stearns added fear to the current credit crisis. Ethanol's crush spread, however, fell also as April ethanol dropped 10.2 cents to $2.36 per gallon.
-May corn fell 20 cents today to $5.39 1/4 per bushel due to oil's steep decline. Oil slid $4.53 to $105.88 per barrel as the sale of Bear Stearns added fear to the current credit crisis. Ethanol's crush spread, however, fell also as April ethanol dropped 10.2 cents to $2.36 per gallon.


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