eCBOT Close
The overnight eCBOT markets closed lower Tuesday on continued spill-over weakness from outside markets.
Crude oil fell below $92/barrel as meltdown in the US financial markets threatens to bring the rest of the global economy down with it.
"When America sneezes, the rest of the world catches a cold," said one trader.
However a modest late bounce in crude saw grains close off their session lows.
At 12 noon London time October crude was $93.17/barrel.
eCBOT corn closed 11-14c lower, with wheat around 7c easier and soybeans around 20c lower.
Crude oil fell below $92/barrel as meltdown in the US financial markets threatens to bring the rest of the global economy down with it.
"When America sneezes, the rest of the world catches a cold," said one trader.
However a modest late bounce in crude saw grains close off their session lows.
At 12 noon London time October crude was $93.17/barrel.
eCBOT corn closed 11-14c lower, with wheat around 7c easier and soybeans around 20c lower.
