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.