Commodities dropped to a four-month low, paced by declines in crude oil and gold, on signs of climbing supplies of raw materials at a time when the prospect of reduced Federal Reserve stimulus may cut demand.
Technology hasn’t simply changed how we view the markets, it has reinvented it. Where will we go from here? That depends on how well we learn from the past.
Archer-Daniels-Midland Co., the world’s largest corn processor, won agreement to acquire GrainCorp Ltd. for $2.3 billion after raising its offer with a special dividend for shareholders of the Australian crop handler.
World corn production will fall 0.7 percent after crop conditions deteriorated in the U.S., the International Grains Council forecast, reversing its outlook for the harvest to climb to a record.
