Trouble in Ukraine lifts prices for corn, wheat
NEW YORK (AP) — Unrest in Ukraine is pushing up prices for corn and wheat.
Corn rose 8 cents, or 1.7 percent, to settle at $5.02 a bushel Tuesday. Wheat rose 4 cents, or 0.6 percent, to $6.80 a bushel.
Ukraine’s acting president ordered security forces to resume operations in the country’s east Tuesday after the bodies of two people allegedly abducted by pro-Russia insurgents were found and a military aircraft was reportedly hit by gunfire.
The twin developments stoked concerns that last week’s international agreement on easing Ukraine’s crisis was failing.
In other trading, metals were mixed. Gold for June delivery fell $7.40 to settle at $1,281.10 an ounce. Silver for May rose a penny to $19.36 an ounce.
Platinum for July slipped 40 cents to $1,400.30 an ounce.