Drop in supply pushes up corn prices

Published on NewsOK Modified: January 11, 2013 at 4:07 pm •  Published: January 11, 2013
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Metal prices tumbled, with gold, silver and copper dropping 1 percent or more. Gold for February delivery sank $17.40 to $1,660.60 an ounce.

Other metal prices sank, too:

— Silver for March delivery fell 51 cents to $30.4080.

— Platinum for April fell $3.10 to $1,631.20.

— Copper for March delivery fell 5.5 cents to $3.6540 a pound.

— Palladium for March dropped 75 cents to $701.45 an ounce.

In energy trading, benchmark oil dropped 26 cents to finish at $93.56 a barrel in New York. Other prices were mixed:

— Wholesale gasoline fell 5 cents to finish at $2.74 a gallon.

— Heating oil lost 5 cents to end at $3.01 a gallon.

— Natural gas rose 13 cents to finish at $3.33 per 1,000 cubic feet.